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    <title>FII investments in Debt Securities</title>
    <link>https://www.taxtmi.com/circulars?id=59196</link>
    <description>SEBI directs that FII and sub account investments in debt oriented mutual fund units be treated as corporate debt and counted within the corporate debt ceiling; accordingly, no further investment or rollover in corporate debt is permitted until aggregate holdings comply with the corporate debt limit. SEBI also cancels separate 100% debt FII allocations, makes unutilized government securities/T bill limits available on a first come first serve basis with 15 day validity, and requires custodians to reclassify and nullify prior equity reports for such mutual fund transactions on the prescribed reporting date.</description>
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    <pubDate>Thu, 31 Jan 2008 00:00:00 +0530</pubDate>
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      <title>FII investments in Debt Securities</title>
      <link>https://www.taxtmi.com/circulars?id=59196</link>
      <description>SEBI directs that FII and sub account investments in debt oriented mutual fund units be treated as corporate debt and counted within the corporate debt ceiling; accordingly, no further investment or rollover in corporate debt is permitted until aggregate holdings comply with the corporate debt limit. SEBI also cancels separate 100% debt FII allocations, makes unutilized government securities/T bill limits available on a first come first serve basis with 15 day validity, and requires custodians to reclassify and nullify prior equity reports for such mutual fund transactions on the prescribed reporting date.</description>
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      <law>SEBI</law>
      <pubDate>Thu, 31 Jan 2008 00:00:00 +0530</pubDate>
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