https://www.taxtmi.com/circulars?id=57109 FPIs may invest in central government securities (including treasury bills) and State Development Loans without minimum residual maturity, and in corporate bonds with residual maturity above one year, subject to a 30% cap on an FPI's short-term investments in each category; exemptions apply for Exempted Securities. The aggregate cap on FPI holdings in any central government security is revised to 30% of outstanding stock. CCIL will monitor G-sec and SDL limits online, custodians and FPIs bear primary responsibility for compliance, and concentration and issue-level investor limits with specified transitional relaxations apply. en-us Fri, 15 Jun 2018 00:00:00 +0530 Sat, 27 Feb 2021 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57109 FPIs may invest in central government securities (including treasury bills) and State Development Loans without minimum residual maturity, and in corporate bonds with residual maturity above one year, subject to a 30% cap on an FPI's short-term investments in each category; exemptions apply for Exempted Securities. The aggregate cap on FPI holdings in any central government security is revised to 30% of outstanding stock. CCIL will monitor G-sec and SDL limits online, custodians and FPIs bear primary responsibility for compliance, and concentration and issue-level investor limits with specified transitional relaxations apply. Circulars FEMA Fri, 15 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57109