FII Investment in Debt Securities

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....ment in Debt Securities Vide our Circular No. IMD/CUST/ 14 /2004 dated March 19, 2004, we had informed the continuation of cap of US $1 billion for investment by 100% debt FIIs in debt securities and investment under the 70:30 route in dated Government securities and treasury bills for the year 2003-04. The Government of India has since raised the cumulative debt investment limit for the FIIs/S....

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....l be done on 'first come-first serve' basis. The FIIs will be granted 7 days time to invest and on the expiry of which the validity will lapse. 3.    Individual debt investment limits earlier allocated for 100% FIIs/Sub-Accounts will be realigned based on the remaining available limit of US$ 1550 million out of the overall cap of US $1.75 billion and the revised limits will be ad....