FII Investment in corporate bonds
Please refer to the SEBI circular CIR/IMD/FIIC/18/2010 dated November 26, 2010 wherein the mechanism of allocation of newly announced limit of long-term corporate debt (infrastructure) was announced.
This circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act 1992, read with Section 10 of the Securities Contracts (Regulation) Act, 1956 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
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