FPI investment limits revised in government securities, reallocating quota between General and Long Term categories and SDL sub categories. SEBI revises FPI investment ceilings for the July-September 2017 quarter by increasing the aggregate cap for Central Government securities, establishing separate ceilings for Long Term and General FPI categories, and splitting SDLs into SDL General (available to all FPIs on tap) and SDL Long Term (available on tap only to Long Term FPIs). Future increases will be allocated between categories under a specified ratio, the transfer of unutilised Long Term limits to General FPIs is discontinued, and existing operational conditions, including minimum residual maturity and coupon treatment, continue to apply.
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FPI investment limits revised in government securities, reallocating quota between General and Long Term categories and SDL sub categories.
SEBI revises FPI investment ceilings for the July-September 2017 quarter by increasing the aggregate cap for Central Government securities, establishing separate ceilings for Long Term and General FPI categories, and splitting SDLs into SDL General (available to all FPIs on tap) and SDL Long Term (available on tap only to Long Term FPIs). Future increases will be allocated between categories under a specified ratio, the transfer of unutilised Long Term limits to General FPIs is discontinued, and existing operational conditions, including minimum residual maturity and coupon treatment, continue to apply.
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