Allocation methodology of debt investment limits to FIIs
Summary
This circular amends the allocation methodology for debt investment limits applicable to Foreign Institutional Investors. It mandates that unutilized government debt limits be allocated in a manner similar to previous specifications. A cap of Rs. 1,000 crore is imposed on the government debt investment limit allocated to any single entity.
Text
It has been decided that the unutilised investment limits for government debt shall also be allocated in similar manner as specified in the circular mentioned above.
In partial amendment to clause 3 (h) of the aforesaid circular, no single entity shall be allocated more than Rs.1,000 cr. of the government debt investment limit.
Source: SecMarx — Allocation methodology of debt investment limits to FIIs. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.