TMI BlogInvestments by FPIs in Government SecuritiesX X X X Extracts X X X X X X X X Extracts X X X X ..... s Fourth Bi-monthly Policy Statement for the year 2015-16, dated September 29, 2015 had announced a Medium Term Framework (MTF) for FPI limits in Government securities in consultation with the Government of India. Accordingly, SEBI had issued circulars CIR/IMD/FPIC/8/2015 dated October 06, 2015, IMD/FPIC/CIR/P/2016/45 dated March 29, 2016 and IMD/FPIC/CIR/P/2016/107 dated October 03, 2016 and IMD/ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or all categories of FPIs while SDL-Long Term shall be available for investment on tap for only Long Term FPIs. The limit for investment by all FPIs in SDL-General shall be INR 28,500 cr while that for SDL-Long Term shall be INR 4,600 cr. 3. Accordingly, the revised FPI debt limits would be as follows: Type of Instrument Upper Cap as on July 03, 2017 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ts of the Long-Term category to the General category of FPIs shall be done away with. 6. To harmonize the approach to FPI investments in SDLs with that for Central Government securities, future increases in SDLs would be in the ratio of 75% for SDL-Long Term and 25% for SDL-General category of FPIs. 7. All other existing terms and conditions, including the security-wise limits, investment of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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