Auction calendar for allocation of FII debt limit

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..... ince February 2009 as and when free limits are available. The utilisation status of FII debt limits and the free limits available as on 15th of every month and at the end of every month are being disseminated on SEBI website. 2. It has been decided that henceforth auction of debt limits shall be conducted on 20th of every month (if 20th is holiday, auction shall be done on the next working day), .....

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..... , in terms of para 7 of SEBI circular CIR/IMD/FIIC/18 /2010 dated November 26, 2010, then such bid would also be limited to INR 250 cr. or one-tenth of free limit for every such single entity. Further, in partial amendment to clause 3 (c) and 3(d) of the aforesaid circular IMD/FII&C/37/2009, the minimum amount which can be bid for shall be INR 1 cr. with tick size of INR 1 cr. iii. Price of bid .....

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..... hanges. 4. The fees for the auction process shall be remitted to SEBI by the respective custodians of the entities within 3 working days after the auction process. 5. The notification of ensuing auction process shall be published along with FII debt utilisation status (at the end of every month), as disseminated on SEBI website. 6. A copy of this circular is available at the web page "F.I.I." o .....

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