FII HOLDING LIMIT OF GOVERNMENT DEBTS REDUCED
The market regulator has slashed the allocation limit of Government Debt investment via the bidding
process for allocation of debt investment limits for a single foreign institutional investor (FII) to Rs. 300 crores from Rs. 800 crores.The minimum amount that an FII can bid has been brought down to Rs. 50 crores (Rs. 250 crores now) and the minimum tick size has been halved to Rs. 50 crores (Rs. 100 crores).
process for allocation of debt investment limits for a single foreign institutional investor (FII) to Rs. 300 crores from Rs. 800 crores.The minimum amount that an FII can bid has been brought down to Rs. 50 crores (Rs. 250 crores now) and the minimum tick size has been halved to Rs. 50 crores (Rs. 100 crores).
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