MUMBAI Aug 28 India's cbank relaxed the manner
in which foreign investors can buy government securities by
giving them the flexibility to buy these papers in the secondary
market without necessarily going through exchange-registered
In a circular on Thursday, the Reserve Bank of India said
the foreign investors can buy government bonds through any
"prevalent market practice".
Effectively, this means foreign investors can buy government
bonds in secondary markets directly from other market
participants, such as funds, banks or primary dealers.
(Reporting by Suvashree Dey Choudhury; Editing by Anand Basu)