“No single entity shall be allocated more than Rs 1,000 crore of the government debt investment limit,” market regulator Sebi said in a circular.
The circular added that unutilised investment limits for government debt will be allocated to the FIIs in the same manner as the corporate debt. Sebi has issued the circular while modifying the norms for allocation of debt investment limits for FIIs which were announced in February.
Deccan Herald is on WhatsApp Channels| Join now for Breaking News & Editor's Picks