Ministry of Finance Increases the Current Limit of Foreign Institutional Investors’ (FIIS) Investments by US$ 5 Billion Each in Government Securities and Corporate Bonds. Thus the enhanced total limit for FII investment in G-Sec would be USD 15 billion (from the existing limit of USD 10 billion) and the enhanced total limit for FII investment in corporate bonds would be USD 20 billion (apart from the USD 25 billion for long term infra bonds).
Currently, FIIs can invest only up to USD 10 billion or Rs.43,650 crore in Government securities, USD 15 billion or Rs.74,416 Crore in Corporate bonds and USD 25 billion or Rs.112,095 Crore in corporate long term infra bonds.
The last enhancement in these investment limits for FII was done on September 23, 2010, The present enhancements would increase investments in debt securities and help in further development of the Government securities and the Corporate bond markets in the country.
SEBI is expected to issue circular giving effect to these changes in the next few days.
Source - finmin.nic.in [PRESS RELEASES]
Currently, FIIs can invest only up to USD 10 billion or Rs.43,650 crore in Government securities, USD 15 billion or Rs.74,416 Crore in Corporate bonds and USD 25 billion or Rs.112,095 Crore in corporate long term infra bonds.
The last enhancement in these investment limits for FII was done on September 23, 2010, The present enhancements would increase investments in debt securities and help in further development of the Government securities and the Corporate bond markets in the country.
SEBI is expected to issue circular giving effect to these changes in the next few days.
Source - finmin.nic.in [PRESS RELEASES]
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