https://www.taxtmi.com/circulars?id=58371 FII debt limits are to be allocated by monthly auctions on the 20th (or next working day) based on prior month free limits; auctions occur when free limit in a debt category exceeds the prescribed threshold. Bidding runs for two hours under existing SEBI pricing and allocation rules; single entity allocation is limited by a cap or one tenth of free limit, with a fixed minimum bid size and tick. Auctions will alternate between the two principal exchanges, exchanges will govern authentication and multiple bids, custodians remit auction fees to SEBI promptly, and category specific utilisation windows apply as per prior SEBI guidance. en-us Fri, 27 Apr 2012 00:00:00 +0530 Sat, 15 Dec 2018 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58371 FII debt limits are to be allocated by monthly auctions on the 20th (or next working day) based on prior month free limits; auctions occur when free limit in a debt category exceeds the prescribed threshold. Bidding runs for two hours under existing SEBI pricing and allocation rules; single entity allocation is limited by a cap or one tenth of free limit, with a fixed minimum bid size and tick. Auctions will alternate between the two principal exchanges, exchanges will govern authentication and multiple bids, custodians remit auction fees to SEBI promptly, and category specific utilisation windows apply as per prior SEBI guidance. Circulars SEBI Fri, 27 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58371