Investments by FIIs/QFIs in Credit Enhanced Bonds

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....Credit Enhanced Bonds 1. On September 10, 2012, Government of India decided to permit Foreign Institutional Investors (FIIs) to invest in "Credit Enhanced INR Bonds" up to an equivalent of US$ 5 billion within the overall Corporate Bond limit of US$ 51 billion. The Reserve Bank of India vide circular RBI/13-14/368 dated November 11, 2013 had permitted FIIs and QFIs to invest in the credit enhan....

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....isseminate the aggregate investment of FIIs/QFIs in Credit Enhanced Bonds, to public, on a daily basis. 4. When the aggregate investments of all the FIIs/QFIs reaches 90% of the investment limit, notice informing the same shall be published by the depositories on their websites and no fresh purchases shall be allowed without prior approval of the depositories. The same shall be informed by the ....

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....eived by it to the other depository. 6. After market hours, the depository shall give approval to request for purchase on a first-come- first-served basis in co-ordination with the other depository, based on time of receipt of the prior approval requests by the depositories. The validity of the approval shall be for the next two trading days. 7. In case the aggregate holding of the FII/QFI e....