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    <title>FII Investment in Debt Securities</title>
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    <description>SEBI raised the cumulative FII debt cap to US $1.75 billion and increased the 70:30 route limit in dated Government securities and treasury bills to US $200 million, with daily monitoring and public disclosure of outstanding positions. A US $25 million headroom allows investments without prior approval; beyond that FIIs/Sub Accounts must obtain SEBI allocation approval, which will be granted on a first come first serve basis and remain valid for seven days. Individual 100% debt FII limits will be realigned and advised separately.</description>
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    <pubDate>Tue, 02 Nov 2004 00:00:00 +0530</pubDate>
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      <title>FII Investment in Debt Securities</title>
      <link>https://www.taxtmi.com/circulars?id=59873</link>
      <description>SEBI raised the cumulative FII debt cap to US $1.75 billion and increased the 70:30 route limit in dated Government securities and treasury bills to US $200 million, with daily monitoring and public disclosure of outstanding positions. A US $25 million headroom allows investments without prior approval; beyond that FIIs/Sub Accounts must obtain SEBI allocation approval, which will be granted on a first come first serve basis and remain valid for seven days. Individual 100% debt FII limits will be realigned and advised separately.</description>
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      <pubDate>Tue, 02 Nov 2004 00:00:00 +0530</pubDate>
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