diff --git a/clang/include/clang/Sema/Sema.h b/clang/include/clang/Sema/Sema.h
--- a/clang/include/clang/Sema/Sema.h
+++ b/clang/include/clang/Sema/Sema.h
@@ -710,6 +710,12 @@
     return result;
   }
 
+  void resetFPOptions(FPOptions FPO) {
+    CurFPFeatures = FPO;
+    FpPragmaStack.Stack.clear();
+    FpPragmaStack.CurrentValue = FPO.getChangesFrom(FPOptions(LangOpts));
+  }
+
   // RAII object to push / pop sentinel slots for all MS #pragma stacks.
   // Actions should be performed only if we enter / exit a C++ method body.
   class PragmaStackSentinelRAII {
@@ -14001,6 +14007,8 @@
   CachedTokens Toks;
   /// The template function declaration to be late parsed.
   Decl *D;
+  /// Floating-point options in the point of definition.
+  FPOptions FPO;
 };
 
 template <>
diff --git a/clang/lib/Parse/ParseTemplate.cpp b/clang/lib/Parse/ParseTemplate.cpp
--- a/clang/lib/Parse/ParseTemplate.cpp
+++ b/clang/lib/Parse/ParseTemplate.cpp
@@ -1742,6 +1742,10 @@
       Actions.PushDeclContext(Actions.getCurScope(), DC);
   }
 
+  // Parsing should occur with empty FP pragma stack and FP options used in the
+  // point of the template definition.
+  Actions.resetFPOptions(LPT.FPO);
+
   assert(!LPT.Toks.empty() && "Empty body!");
 
   // Append the current token at the end of the new token stream so that it
diff --git a/clang/lib/Sema/SemaTemplate.cpp b/clang/lib/Sema/SemaTemplate.cpp
--- a/clang/lib/Sema/SemaTemplate.cpp
+++ b/clang/lib/Sema/SemaTemplate.cpp
@@ -11342,6 +11342,7 @@
   // Take tokens to avoid allocations
   LPT->Toks.swap(Toks);
   LPT->D = FnD;
+  LPT->FPO = getCurFPFeatures();
   LateParsedTemplateMap.insert(std::make_pair(FD, std::move(LPT)));
 
   FD->setLateTemplateParsed(true);
diff --git a/clang/test/CodeGen/fp-template.cpp b/clang/test/CodeGen/fp-template.cpp
--- a/clang/test/CodeGen/fp-template.cpp
+++ b/clang/test/CodeGen/fp-template.cpp
@@ -15,4 +15,40 @@
 // CHECK-SAME:  (float noundef %{{.*}}, float noundef %{{.*}}) #[[ATTR01:[0-9]+]]{{.*}} {
 // CHECK:       call float @llvm.experimental.constrained.fadd.f32
 
+
+template <typename Ty>
+Ty templ_02(Ty x, Ty y) {
+  return x + y;
+}
+
+#pragma STDC FENV_ROUND FE_UPWARD
+
+template <typename Ty>
+Ty templ_03(Ty x, Ty y) {
+  return x - y;
+}
+
+#pragma STDC FENV_ROUND FE_TONEAREST
+
+float func_02(float x, float y) {
+  return templ_02(x, y);
+}
+
+// CHECK-LABEL: define {{.*}} float @_Z8templ_02IfET_S0_S0_
+// CHECK:       %add = fadd float %0, %1
+
+float func_03(float x, float y) {
+  return templ_03(x, y);
+}
+
+// CHECK-LABEL: define {{.*}} float @_Z8templ_03IfET_S0_S0_
+// CHECK:       call float @llvm.experimental.constrained.fsub.f32({{.*}}, metadata !"round.upward", metadata !"fpexcept.ignore")
+
+
+// This pragma sets non-default rounding mode before delayed parsing occurs. It
+// is used to check that the parsing uses FP options defined by command line
+// options or by pragma before the template definition but not by this pragma.
+#pragma STDC FENV_ROUND FE_TOWARDZERO
+
+
 // CHECK: attributes #[[ATTR01]] = { {{.*}}strictfp