Limit for investment by FIIs in Corporate Debt

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....ent Email: [email protected] Website: www.sebi.gov.in Fax No. 91 22 22870095 Circular No. IMD/FII/18/2004 December 2, 2004 To All Foreign Institutional Investors, and Custodia....

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....ce, Government of India that a cumulative sub-ceiling of US $500 million outstanding would be fixed on FII investments in corporate debt and this would be over and above the sub- ceiling of US $1.75 b....