Government debt investment limit increased for FPIs; incremental allocation subject to three-year minimum residual maturity. The circular reallocates government debt capacity by increasing the FPI allocation and reducing the long term FPI tranche within the overall cap; incremental and replacement investments against vacated limits must be placed in government bonds with a minimum residual maturity of three years, while there is no lock in and existing auctioned limits are grandfathered.
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.
Government debt investment limit increased for FPIs; incremental allocation subject to three-year minimum residual maturity.
The circular reallocates government debt capacity by increasing the FPI allocation and reducing the long term FPI tranche within the overall cap; incremental and replacement investments against vacated limits must be placed in government bonds with a minimum residual maturity of three years, while there is no lock in and existing auctioned limits are grandfathered.
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