https://www.taxtmi.com/circulars?id=57863 The Combined Corporate Debt Limit (CCDL) is available on tap until overall FPI utilisation reaches 95%, after which custodians must halt purchases and depositories notify exchanges to conduct auctions for unutilised limits. The circular sets auction procedures (timing, access, bid sizes, tick, allocation by price-time, minimum fee) and grants successful bidders 10 trading days to utilise allocations; reinvestment after sale/redemption is permitted for 2 trading days. Single FPI/group bidding is capped at one-tenth of the auctioned limits. Overseas issuance of rupee bonds by corporates is suspended while high utilisation persists. Reporting and dematerialisation requirements are mandated. en-us Thu, 20 Jul 2017 00:00:00 +0530 Sat, 01 Dec 2018 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57863 The Combined Corporate Debt Limit (CCDL) is available on tap until overall FPI utilisation reaches 95%, after which custodians must halt purchases and depositories notify exchanges to conduct auctions for unutilised limits. The circular sets auction procedures (timing, access, bid sizes, tick, allocation by price-time, minimum fee) and grants successful bidders 10 trading days to utilise allocations; reinvestment after sale/redemption is permitted for 2 trading days. Single FPI/group bidding is capped at one-tenth of the auctioned limits. Overseas issuance of rupee bonds by corporates is suspended while high utilisation persists. Reporting and dematerialisation requirements are mandated. Circulars SEBI Thu, 20 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57863