FII Investment in corporate bonds infra long term category

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..... 10 wherein the mechanism of allocation of newly announced limit of long-term corporate debt (infrastructure) was announced Increase in overall limits 1. The existing limit of USD 5 billion for investment by foreign Institutional investors (FIIs) in corporate bonds issued by companies in the infrastructure sector with a residual maturity of over five years has been increased by an additional limi .....

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..... ure sector shall be in terms of SEBI circular IMD/FII&C/18/2010 dated November 26, 2010. Manner of allocation 5. In partial amendment to the aforesaid circular IMD/FII&C/18/2010, it is decided to do away with the allocation methodology for investment in Corporate Debt -Long term Infra category. 6. FII/sub-accounts can now avail of these limits without obtaining SEBI approval till the overall FI .....

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