30 November 2012
Debt Utilisation Status as on 30 November 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 30 November 2012 |
| 1 |
Government Debt - Old |
10 |
46,216 |
44,231 |
43,169 |
1,062 |
1,985 |
| 2 |
Government Debt - Long Term |
10 |
51,291 |
41,027 |
29,612 |
11,415 |
10,264 |
| 3(a) |
Corporate Debt - Old |
20 |
99,777 |
95,476 |
78,455 |
12,504 |
4,301 |
| 3(b) |
Debt Oriented Mutual Fund |
4,517 |
| 3(c) |
Corporate Debt - Old (QFIs) |
1 |
5,526 |
400 |
400 |
- |
5,126 |
| 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 |
22,446 |
16,619 |
5,827 |
31,360 |
| 4(c) |
Investment in IDF |
10 |
44,838 |
- |
- |
- |
44,838 |
| 5 |
Upper tier- II |
0.5 |
2,307 |
- |
- |
- |
2,307 |
| Total |
66.5 |
3,17,212 |
2,03,580 |
1,72,771 |
30,808 |
1,13,632 |
Note: *Auction of INR 1,985 cr. in Government debt old category, INR 10,264 cr. in Government debt long term category and INR 4,301 cr. in Corporate debt old category shall be done on the BSE from 15:30 hrs to 17:30 hrs, on December 20, 2012 as per SEBI circular no. CIR/IMD/FIIC/12/2012 dated April 27, 2012.
As per circular CIR/IMD/FIIC/22/2012 dated November 07,2012, FII/sub-accounts may avail debt limits in the Corporate Debt Long Term Infra category without obtaining SEBI approval till the overall FII investments reaches 90% of INR 53,806 crore (i.e. INR 48,425 crore), after which the auction mechanism shall be initiated for allocation of remaining limits (INR 5381 crores)
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.