[SEBI]FII allocation of government debt investment limit&link to FII section in SEBI website

This is in continuation of SEBI FII notification regarding allocation of debt investment limits vide FII’s rush with your debt request to SEBI tonight when clock ticks 23-59 PM IST

In the said notification, SEBI allocated USD 8 billion (out of 15 billion) limit as allotted to FII for debt investment through an open bidding platform as provided by Stock Exchanges as per Clause 3 of SEBI circular No. IMD/FII & C/37/2009 dated February 06, 2009.

As per Clause 3(h) of the said circular, no single entity shall be allocated more than Rs 10, 000 crores of the investment limit.  SEBI vide circular No. IMD/FII & C//2009 dated 12th May, 2009 has decided that,

• Unutilised investment limits for Government debts shall also allocated through open bidding platform as provided by Stock Exchanges as said above.
• No single entity shall be allocated more Rs.1,000 crores of the Government debt investment limit.

Source: SEBI vide circular No. IMD/FII & C//2009 dated 12th May, 2009

All the SEBI circulars on Foreign Institutional Investors (F.I.I/FII) is available in the FII section of SEBI website which can be accessed through http://www.sebi.gov.in/Index.jsp?contentDisp=Department&dep_id=10