https://www.taxtmi.com/news?id=2241 The scheme was revised to allocate tranches with distinct maturity and lock in conditions: one tranche permits FIIs to buy bonds issued with initial five year maturities where residual maturity at first FII purchase can be one year subject to a one year lock in (FIIs may trade among themselves but not sell to domestic investors during lock in); the remaining tranche requires a residual maturity of three years at first purchase and a three year lock in with similar intra FII trading restrictions. SEBI was expected to notify the changes. en-us Tue, 13 Sep 2011 10:00:03 +0530 Tue, 13 Sep 2011 10:00:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2241 The scheme was revised to allocate tranches with distinct maturity and lock in conditions: one tranche permits FIIs to buy bonds issued with initial five year maturities where residual maturity at first FII purchase can be one year subject to a one year lock in (FIIs may trade among themselves but not sell to domestic investors during lock in); the remaining tranche requires a residual maturity of three years at first purchase and a three year lock in with similar intra FII trading restrictions. SEBI was expected to notify the changes. News - Tue, 13 Sep 2011 10:00:03 +0530 https://www.taxtmi.com/news?id=2241