INDIA: SEBI response on India FII limit in corporate bonds

Thursday May 5 2011

In response to a query sent on India FII investment in corporate bonds, SEBI clarified their position and stated:

“FII debt investment limit is as follows:

Corporate debt in long term infrastructure : US $25 billion (20+5)Corporate bond: US $ 15 billion

So total FII debt limit in corporate debt is US $ 40 billion. $15bn limit for corporate bonds is outside of Us $ 25 bn limit and could be in infrastructure or non-infrastructure sector.”