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Debt Allocation Mechanism for FII

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..... ed the facility of re-investment of up to two years from the date of the circular or to the extent of twice the size of the debt portfolio, to those FIIs and sub-accounts that had already acquired limits and/or invested in debt in the manner prescribed in the said circular. The facility of reinvestment period was not allowed for all new allocations of debt limits to FIIs/subaccounts after the issu .....

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..... thereafter, it has been decided that they shall be allowed a cumulative re-investment facility to the extent of 50% of their maximum debt holding at any point of time during the calendar year 2013. 4. To illustrate, an example is given below: An FII/ Sub-Account XYZ did not hold any debt investment limits as on January 03, 2012. It had purchased fresh debt limits on January 07, 2012. The .....

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..... 500 500 0 3 6000 0 6500 6500 3250 500 2750 4 1000 0 7500 7500 3750 500 3250 5 .....

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..... 1100 0 10100 10100 5050 5050 0 All figures in INR cr 5. From January 01, 2014, the re-investment facility as indicated in the SEBI circular CIR/IMD/FIIC/22/2012 dated November 07, 2012 would be available during each calendar year to those FIIs which hold debt investments a .....

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..... ise of powers conferred under SEBI Section 11 (1) of the Securities and Exchange Board of India Act, 1992, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. A copy of this circular is available at the web page F.I.I. on our website www.sebi.gov.in. The custodians are requested to bring the contents of this circular to .....

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