TMI BlogInvestments by FPIs in Government securitiesX X X X Extracts X X X X X X X X Extracts X X X X ..... 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 and IMD/FPIC/CIR/P/2016/45 dated March 29, 2016 regarding the allocation and monitoring of FPI debt invest ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... FPIs in State Development Loans (SDL) shall be enhanced to INR 17,500 cr on October 03, 2016 and INR 21,000 cr on January 02, 2017 respectively. 3. Accordingly, the revised FPI debt limits would be as follows: Type of Instrument Revised Upper Cap with effect from October 03, 2016 (INR cr) Revised Upper Cap with effect from January 02, 2017 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /2016/45 dated March 29, 2016, a separate communication will be issued with regard to transfer of unutilized limits from Government Debt Long Term category to Government debt category. 7. All other existing terms and conditions, including the security-wise limits, investment of coupons being permitted outside the limits and investments being restricted to securities with a minimum residual ma ..... X X X X Extracts X X X X X X X X Extracts X X X X
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