Utilisation period for government debt limits shortened; unutilised entitlements returned and auctioned monthly to improve market availability. FIIs and QFIs may utilise government debt limits allocated through the monthly auction up to the 17th day of the succeeding month; any limits unutilised on the 18th will be returned to the free pool and auctioned on the 20th. This change, partially modifying the earlier utilisation period, applies to the auction held on July 22, 2013, and is effective immediately under Section 11(1) of the SEBI Act.
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.
Utilisation period for government debt limits shortened; unutilised entitlements returned and auctioned monthly to improve market availability.
FIIs and QFIs may utilise government debt limits allocated through the monthly auction up to the 17th day of the succeeding month; any limits unutilised on the 18th will be returned to the free pool and auctioned on the 20th. This change, partially modifying the earlier utilisation period, applies to the auction held on July 22, 2013, and is effective immediately under Section 11(1) of the SEBI Act.
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