Increase in FII debt limit in Government & Corporate debt category

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..... 1. Government vide press release dated November 18, 2011 has decided to: a. Increase the current limit of FII investment in Government Securities by US $ 5 billion raising the cap to US $ 15 billion. The incremental limit of US $ 5 billion can be invested in securities without any residual maturity criterion; b. Increase the current limit of FII investment in corporate bonds by US $ 5 billi .....

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..... SEBI circular CIR/IMD/FIIC/18 /2010 dated November 26, 2010, then such bid would be limited to INR 2,000 cr. for every such single entity. b. 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. Allocation of Government debt long term category Unutilized part 4. Based on the assessment o .....

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..... tive custodians of the entities within 3 working days after the bidding process. 6. Time period for utilization of above limit is as per SEBI circular IMD/FII C/18/2010 dated November 26, 2010. This circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act 1992, read with Section 10 of the Securities Contracts (Regulation) A .....

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