Foreign investment limits in government debt expanded, with targeted allocation to specified institutional investors and temporary special window. The circular allocates an incremental government debt investment limit exclusively to registered Sovereign Wealth Funds, Multilateral Agencies, Endowment Funds, Insurance Funds, Pension Funds and Foreign Central Banks, making the amount and identified unutilized capacity available for immediate on tap investment; unutilized sums will be auctioned monthly. A temporary special window allows other FIIs that have exhausted reinvestment limits one time capped access until the next auction, subject to an aggregate cap distinct from the earmarked allocation; such investments carry a mandatory short term lock in and are not eligible for reinvestment.
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.
Foreign investment limits in government debt expanded, with targeted allocation to specified institutional investors and temporary special window.
The circular allocates an incremental government debt investment limit exclusively to registered Sovereign Wealth Funds, Multilateral Agencies, Endowment Funds, Insurance Funds, Pension Funds and Foreign Central Banks, making the amount and identified unutilized capacity available for immediate on tap investment; unutilized sums will be auctioned monthly. A temporary special window allows other FIIs that have exhausted reinvestment limits one time capped access until the next auction, subject to an aggregate cap distinct from the earmarked allocation; such investments carry a mandatory short term lock in and are not eligible for reinvestment.
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