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of <h1>SEBI Announces Corporate Debt Investment Limits for FIIs with Bidding and FCFS Allocation Methods.</h1> The circular issued by SEBI on June 11, 2010, addresses the allocation of corporate debt investment limits to Foreign Institutional Investors (FIIs). It outlines two methods for allocation: a bidding process and a first come, first served (FCFS) process. The bidding process will occur on June 18, 2010, at the Bombay Stock Exchange, with restrictions on maximum allocations and minimum bid amounts. The FCFS process will allocate remaining debt limits after the bidding, with a cap per entity and a specific application procedure. The FCFS window opens on June 21, 2010, with a utilization period of 11 working days.
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