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<h1>SEBI Issues Circular on Allocation of Unutilized Debt Investment Limits to FIIs with Specific Caps and Conditions.</h1> The Securities and Exchange Board of India (SEBI) has issued a circular regarding the allocation of unutilized investment limits in government and corporate debt to Foreign Institutional Investors (FIIs). The allocation will occur through a bidding process on August 12, 2010, with specific limits and conditions. For government debt, no single entity can receive more than Rs. 100 crore, and for corporate debt, the limit is Rs. 1000 crore. A first-come, first-served process will follow the bidding, with a ceiling of Rs. 49 crore per entity. Non-utilization charges will apply for unutilized allocations. The circular details the procedures and timelines for these allocations.