Foreign portfolio investor limits increased for government securities, with revised allocations effective and SEBI to issue operational guidelines. Limits for investment by Foreign Portfolio Investors in Central Government Securities and State Development Loans are increased for April-June 2017, effective April 1, 2017; unutilised long term investor limits at end March 2017 will be released to the general category in April 2017. Existing conditions continue to apply, including security wise limits, coupons permitted outside limits, and a minimum residual maturity of three years; SEBI will issue operational allocation and monitoring guidelines.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Foreign portfolio investor limits increased for government securities, with revised allocations effective and SEBI to issue operational guidelines.
Limits for investment by Foreign Portfolio Investors in Central Government Securities and State Development Loans are increased for April-June 2017, effective April 1, 2017; unutilised long term investor limits at end March 2017 will be released to the general category in April 2017. Existing conditions continue to apply, including security wise limits, coupons permitted outside limits, and a minimum residual maturity of three years; SEBI will issue operational allocation and monitoring guidelines.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.