Investments by FPIs in Government securities
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....r the year 2015-16, dated September 29, 2015 had announced a Medium Term Framework (MTF) for FPI limits in Government securities in consultation with the Government of India. Accordingly, SEBI had issued circulars CIR/IMD/FPIC/8/2015 dated October 06, 2015 and IMD/FPIC/CIR/P/2016/45 dated March 29, 2016 regarding the allocation and monitoring of FPI debt investment limits in Government securities.....
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....l be enhanced to INR 17,500 cr on October 03, 2016 and INR 21,000 cr on January 02, 2017 respectively. 3. Accordingly, the revised FPI debt limits would be as follows: Type of Instrument Revised Upper Cap with effect from October 03, 2016 (INR cr) Revised Upper Cap with effect from January 02, 2017 (INR cr) Government Debt 148,000 152,000 Government Debt - Long Term 62,000 68,000 State ....