Allocation methodology of debt investment limits to FIIs

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....d Custodians of Securities Dear Madam/Sir Sub: Allocation methodology of debt investment limits to FIIs 1. The Government of India has reviewed the External Commercial Borrowing policy and has increased the cumulative debt investment limit by USD 9 billion (from USD 6 billion to USD 15 billion) for FII investments in Corporate Debt. 2. It has been decided that USD 8 billion shall be al....

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....ch ever is higher. Allocation method g. Successful bids shall be based on price and within that time priority. h. No single entity shall be allocated more that Rs. 10, 000 cr. of the investment limit 4. Time period for utilization of the limits allocated in this manner shall be 45 days 5. Allocation of limits upto Rs. 249 cr. shall take place in the manner as specified in the circul....