FII debt investment limit increase allows allocations on a first come first served basis and removes the equity debt ratio restriction. The Government increased the cumulative limit for FII investments in corporate debt, and SEBI allocated the enhanced capacity to registered FIIs on a first come first served basis with a per entity ceiling; requests were to be sent to a dedicated SEBI email mailbox opening at 23:59 IST on October 20, 2008. SEBI also removed the regulation 15(2) restriction imposing a fixed equity to debt ratio, permitting FIIs immediate flexibility to allocate between equity and debt, with formal regulatory amendments to follow and custodians instructed to notify their FII clients.
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FII debt investment limit increase allows allocations on a first come first served basis and removes the equity debt ratio restriction.
The Government increased the cumulative limit for FII investments in corporate debt, and SEBI allocated the enhanced capacity to registered FIIs on a first come first served basis with a per entity ceiling; requests were to be sent to a dedicated SEBI email mailbox opening at 23:59 IST on October 20, 2008. SEBI also removed the regulation 15(2) restriction imposing a fixed equity to debt ratio, permitting FIIs immediate flexibility to allocate between equity and debt, with formal regulatory amendments to follow and custodians instructed to notify their FII clients.
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