FII investments in Debt Securities

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e in the cumulative debt investment limits from US $1.75 billion to US $2 billion and US $0.5 billion to US $1.5 billion for FII/Sub Account investments in Government securities and Corporate Debt, respectively was informed by SEBI vide Circular No. IMD/FII/20/2006 dated April 05, 2006. The allocation of limits among 100% debt and general 70:30 FIIs/ Sub Accounts was also informed in the aforement .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 0.25 2.00 Corporate Debt 1.35 0.15 1.50 Total 3.50 Revised Limits .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... on will be maintained for investments by 100% debt FIIs/ Sub Accounts in Government securities and Corporate Debt, respectively. These limits shall be allocated among the 100% debt FIIs/ Sub Accounts on a first come-first serve basis and a time limit of 7 days shall be provided to the respective applicant to utilize the limits requested, on the expiry of which the permission shall lapse. 4. It .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... f 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, Sangeeta Uchil Deputy General Manager - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - ta .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X