15 September 2012

Debt Utilisation Status as on 15 September 2012
S.No Type of Instrument Upper Cap (in USD bn) Limit (in INR Cr.) Limit acquired by the entity (including investment in INR Cr.) Investment (in INR Cr.) Limit available with the entity (in INR Cr.) Free Limit (in INR Cr.) as on 15 September 2012
1 Government Debt - Old 10 46,216 43,854 42,493 1,361 2,362
2 Government Debt - Long Term 10 51,291 25,369 22,161 3,208 25,922
3(a) Corporate Debt - Old 20 99,777 94,997 77,497 13,009 13,009
3(b) Debt Oriented Mutual Fund 4,491
4(a) QFI Investment in debt mutual fund schemes which invest in infra 3 13,451 - - - 13,451
4(b) Corporate Debt long term infra - 1 year lock in with 15 month residual maturity 12 53,806 46,811 15,404 31,407 6,994
4(c) Investment in IDF 10 44,838 - - - 44,838
5 Upper tier- II 0.5 2,307 - - - 2,307

Note: As per CIR/IMD/FIIC/12/2012 dated 27 April 2012, free limits as on 31 August 2012 (INR 23,488 cr. in Government debt long term category, INR 3,736 cr. In Corporate debt old category and INR 6,939 crore in corporate debt long term infra category (with one year lock in and 15 months residual maturity)) was auctioned on 20 September 2012 over the NSE platform.

While the government announces the limits on debt investments to FIIs in USD terms, for allocation and monitoring purposes, these limits are converted into INR terms using the RBI reference rate as on the date of the announcements/effective dates.