FII investment limits in government debt adjusted, with daily monitoring and prior approval required once headroom is exhausted. SEBI raised the cumulative FII debt cap to US $1.75 billion and increased the 70:30 route limit in dated Government securities and treasury bills to US $200 million, with daily monitoring and public disclosure of outstanding positions. A US $25 million headroom allows investments without prior approval; beyond that FIIs/Sub Accounts must obtain SEBI allocation approval, which will be granted on a first come first serve basis and remain valid for seven days. Individual 100% debt FII limits will be realigned and advised separately.
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Provisions expressly mentioned in the judgment/order text.
FII investment limits in government debt adjusted, with daily monitoring and prior approval required once headroom is exhausted.
SEBI raised the cumulative FII debt cap to US $1.75 billion and increased the 70:30 route limit in dated Government securities and treasury bills to US $200 million, with daily monitoring and public disclosure of outstanding positions. A US $25 million headroom allows investments without prior approval; beyond that FIIs/Sub Accounts must obtain SEBI allocation approval, which will be granted on a first come first serve basis and remain valid for seven days. Individual 100% debt FII limits will be realigned and advised separately.
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