Allocation of limits to FIIs/sub-accounts for investment in corporate debt through bidding process

Press Release
Securities and Exchange Board of India
Jun 18, 2010
PR No.: 140/2010

PR No.140/2010

Allocation of limits to FIIs/sub-accounts for investment in corporate debt through bidding process

 

1.      As per SEBI circular No. CIR/IMD/FII/ 3 /2010 dated June 11, 2010, unutilised investment limits for corporate debt was available for allocation to the FIIs / sub-accounts in the open bidding platform. The bidding for these limits took place today on the BSE offered platform.

 

2.      Pursuant to the bidding, 22 successful bidders got allocation of the investment limit as per Annexure.

3.      These limits shall be utilized by the allocated entities within 45 days of the allocation.

 

4.      As per the aforesaid circular the first come first served window shall open at  08:30 AM IST, June 21, 2010 for receiving request.

 

 

Mumbai

June 18, 2010 



Annexure to PR No.140/2010

 

Sr. No. of Entity

Rate in Basis Piont

Allocated Amount In Rs. Cr.

Last Modified bid Time

  1.  

4.501

2000

6/18/2010 12:59:59

  1.  

4.01

600

6/18/2010 12:59:47

  1.  

4

200

6/18/2010 12:59:34

  1.  

3.75

1400

6/18/2010 12:59:30

  1.  

3.75

1200

6/18/2010 12:59:55

  1.  

3.7

2000

6/18/2010 12:59:39

  1.  

3.7

2000

6/18/2010 12:59:48

  1.  

3.6

600

6/18/2010 12:59:41

  1.  

3.5

2000

6/18/2010 12:59:44

  1.  

3.2

600

6/18/2010 12:59:41

  1.  

3.15

2000

6/18/2010 12:59:25

  1.  

3.1

1200

6/18/2010 12:59:44

  1.  

3

800

6/18/2010 12:59:49

  1.  

3

800

6/18/2010 12:59:55

  1.  

3

2000

6/18/2010 12:59:48

  1.  

3

2000

6/18/2010 12:59:37

  1.  

3

800

6/18/2010 12:59:00

  1.  

3

1200

6/18/2010 12:59:49

  1.  

2.85

200

6/18/2010 12:59:42

  1.  

2.55

600

6/18/2010 12:59:53

  1.  

2.5

400

6/18/2010 12:58:46

  1.  

2.5

400

6/18/2010 12:59:11

Total

 

25000