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of <h1>SEBI Extends Utilisation Period for Foreign Investors' Government Debt Limits to 17th of Succeeding Month.</h1> The Securities and Exchange Board of India (SEBI) has revised the utilisation period for government debt limits allocated to Foreign Institutional Investors (FIIs) and Qualified Foreign Investors (QFIs). Previously, the utilisation period was 30 days, but it has now been adjusted to allow usage until the 17th of the succeeding month. Any unutilised limits as of the 18th will be auctioned on the 20th of the same month. This change aims to ensure that unutilised debt limits are promptly auctioned, preventing a two-month delay in availability. The revised period applies to the auction held on July 22, 2013, and is effective immediately.
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