Foreign Portfolio Investment in Corporate debt securities

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..... SEBI, vide circular SEBI/HO/IMD/FPIC/CIR/P/2016/67 dated August 04, 2016 had redefined the INR 244,323 cr Corporate debt limit for FPIs as the Combined Corporate Debt Limit (CCDL) for all foreign investments in Rupee denominated bonds issued both onshore and overseas by Indian corporates. 2. RBI vide circular RBI/2017-18/64 A.P. (DIR Series) Circular No. 05 dated September 22, 2017 has decided t .....

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..... d will be added to the new limit of CDIL as under:- All figures are in INR cr October 02, 2017 October 03, 2017 January 01, 2018 CCDL* 244,323 0 0 CDIL 0 227,322 244,323 Sub-Limit for investment by Long Term FPIs in the infrastructure sector NA 9,500 19,000 (*) includes RDB of INR 44,001 cr 5. A sub-limit exclusively for investments by Long Term FPIs (Sovereign Wealth Funds (SWFs .....

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..... . As prescribed in the SEBI circular SEBI/HO/IMD/FPIC/CIR/P/2017/16 dated February 28, 2017, investments by FPIs in the unlisted corporate debt securities and securitised debt instruments shall not exceed INR 35,000 cr within the extant CDIL. 8. All other extant conditions with respect to FPI investments in corporate debt securities shall continue to apply. This circular is issued in exercise of .....

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