Debt Allocation Mechanism for FII

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.... up to two years from the date of the circular or to the extent of twice the size of the debt portfolio, to those FIIs and sub-accounts that had already acquired limits and/or invested in debt in the manner prescribed in the said circular. The facility of reinvestment period was not allowed for all new allocations of debt limits to FIIs/subaccounts after the issuance of the said circular. 2. SEBI....

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....hey shall be allowed a cumulative re-investment facility to the extent of 50% of their maximum debt holding at any point of time during the calendar year 2013. 4. To illustrate, an example is given below: An FII/ Sub-Account "XYZ" did not hold any debt investment limits as on January 03, 2012. It had purchased fresh debt limits on January 07, 2012. The following table gives the particulars of XY....

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....uary 01, 2014, the re-investment facility as indicated in the SEBI circular CIR/IMD/FIIC/22/2012 dated November 07, 2012 would be available during each calendar year to those FIIs which hold debt investments as on December 31 of the previous calendar year. 6. In respect of those FIIs which do not hold any debt investments as on December 31 of the previous calendar year, the re-investment facility....