Allocation of Government debt long term & corporate debt - old investment limits to FIIs

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..... old investment limits to FIIs 1. Based on the assessment of the allocation and the utilization of the limits to FIIs for investments in debt, it has been decided to allocate the unutilized limits in Government debt long term corporate debt old category in the following manner:- 2. Allocation through bidding process: The bidding for these limits shall be done on the NSE from 15:30 hrs .....

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..... 2.2. Corporate Debt Old limit: 2.2.1. In partial amendment to clause 3 (h) of the aforesaid circular IMD/FII C/37/2009, no single entity shall be allocated more than ₹ 300 cr. of the investment limit. Where a single entity bids on behalf of multiple entities, in terms of para 7 of SEBI circular CIR/IMD/FIIC/18 /2010 dated November 26, 2010, then such bid would be limited to INR .....

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..... The window for FCFS process shall open at 08:30 AM IST, March 15, 2011. 3.3. Maximum limit per request under this process shall be INR 50 cr. 3.4. A non-utilisation charge would be levied at average successful bid premium (in respective bidding process) for non-utilized part from the allocation in first come first serve. A copy of this circular is available at the web page F.I.I. on our .....

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