TMI BlogAllocation of Government debt & Corporate debt investment limits to FIIsX X X X Extracts X X X X X X X X Extracts X X X X ..... llocation and the utilization of the limits to FIIs for investments in Corporate Debt and Government Debt, it has been decided to allocate the unutilized limits in the following manner:- I. Allocation through bidding process: Please refer to SEBI circular IMD/FII&C/37/2009 dated February 06, 2009, providing the modalities for the allocation methodology through the bidding process. The bidding pr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he aforesaid circular IMD/FII &C/ 37/2009, the minimum amount which can be bid for shall be ₹ 50 cr. and the minimum tick size shall be ₹ 50 cr. Time period for utilization of the allocated debt limit through bidding process shall be 45 days staring from August 13, 2010. II Allocation through first come first serve process (FCFS) In terms of SEBI circular dated January 31, 2008, the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mium (in bidding process) for non-utilised 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 website www.sebi.gov.in. The custodians are requested to bring the contents of this circular to the notice of their FII clients.
Yours faithfully,
Jeevan Sonparote
General Manager
+91-22-26449110
[email protected] X X X X Extracts X X X X X X X X Extracts X X X X
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