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    <title>FII investments in Debt Securities</title>
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    <description>A replacement period of up to five business days is permitted for FIIs to substitute disposed or matured debt instruments; custodians must monitor and report unutilised limits upon expiry of that period. Any unutilised limit after five business days will be withdrawn and reallocated to the next waitlisted entity. Switches by sell off and replacement between government securities and corporate debt are not permitted due to separate individual limits.</description>
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      <description>A replacement period of up to five business days is permitted for FIIs to substitute disposed or matured debt instruments; custodians must monitor and report unutilised limits upon expiry of that period. Any unutilised limit after five business days will be withdrawn and reallocated to the next waitlisted entity. Switches by sell off and replacement between government securities and corporate debt are not permitted due to separate individual limits.</description>
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      <pubDate>Fri, 04 Jul 2008 00:00:00 +0530</pubDate>
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