Utilisation period for Government Debt Limits

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..... tion period for Government debt limits allocated through auction process to 30 days from 45 days. 2. Currently, the unutilised debt limits as on the 18th of every month are auctioned on the 20th of the month (the next working day in case 20th is a holiday). Thus, an FII/QFI purchasing debt limits in the auction on the 20th has time till 19th of the next month to utilise the debt limits. 3. The l .....

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..... ly auction till the 17th day of the succeeding month. Any unutilised limit as on the 18th of each month would get auctioned on the 20th of each month, in terms of SEBI circular CIR/IMD/FIIC/8/2013 dated June 12, 2013. 5. The Government Debt Limits allocated in the auction held on July 22, 2013 shall adhere to the revised utilisation period. This circular shall come into effect immediately. This .....

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