FPI investment limits in government securities increased, with enhanced caps for long term investors and SDL allocations. SEBI increases category-wise and aggregate upper limits for FPI investments in Central Government securities and State Development Loans, with higher caps for Long Term FPIs. Incremental limits and SDL allocations are available on tap from the stated dates. A separate note will address transfer of unutilized long-term limits to the general government debt category. Existing terms continue to apply, including security-wise limits, coupons permitted outside limits, and a minimum residual maturity requirement of three years. The circular is effective immediately under SEBI's statutory powers.
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FPI investment limits in government securities increased, with enhanced caps for long term investors and SDL allocations.
SEBI increases category-wise and aggregate upper limits for FPI investments in Central Government securities and State Development Loans, with higher caps for Long Term FPIs. Incremental limits and SDL allocations are available on tap from the stated dates. A separate note will address transfer of unutilized long-term limits to the general government debt category. Existing terms continue to apply, including security-wise limits, coupons permitted outside limits, and a minimum residual maturity requirement of three years. The circular is effective immediately under SEBI's statutory powers.
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