Investment by Foreign Portfolio Investors (FPI) in Government Securities: Medium Term Framework (MTF)

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..... (AD Category-I) banks is invited to Schedule 1 to the Foreign Exchange Management (Debt Instruments) Regulations, 2019 notified vide Notification No. FEMA. 396/2019-RB dated October 17, 2019, as amended from time to time and the relevant directions issued thereunder. 2. A reference is also invited to the following directions issued by the Reserve Bank: * A.P. (DIR Series) Circular No. 26 dated .....

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..... The calculation of outstanding stock of G-secs and utilization levels of limits under the MTF has accordingly been adjusted. * The allocation of incremental changes in the G-sec limit (in absolute terms) over the two sub-categories - 'General' and 'Long-term' - shall be retained at 50:50 for FY 2020-21. * The entire increase in limits for SDLs (in absolute terms) has been added to the 'General .....

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