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Allocation of debt limits to FII/Sub accounts in Government debt old category, Government debt long term category, Corporate debt old category and Corporate debt long term infra category.

Capital Market/ 19:35 , Aug 08, 2012

Allocation of debt limits to FII/Sub accounts in Government debt old category, Government debt long term category, Corporate debt old category and Corporate debt long term infra category.


 

Please refer to the appended (Annexure 1) SEBI circular CIR/IMD/FIIC/12/2012 dated April 27, 2012 on FII Investment in Government debt old category,Government debt long term category, Corporate debt old category and corporate debt long term infra category. Bidding for these limits would be done on the Exchange bidding platform ‘ebidxchange’.
 
The ebidxchange platform shall be live on Tuesday, August 21, 2012. The schedule for live bidding for FII investment limits is given below:
 

Bidding Start time
15.30 pm
Bidding Close time
17.30 pm

 
Products available for bidding are as follows:

Sr.No
Product Name
Bidding Amount in Rs Crore
1
Government debt old
2,275
2
Government debt long term
8,990
3
Corporate debt old
4,591
4
corporate debt long term infra
8,921

 
 
As per para 7 of SEBI circular CIR/IMD/FIIC/18/2010 dated November 26, 2010, a single entity can bid on behalf of multiple entities, Bidder (Registered Participant) wishing to bid on behalf of multiple entities should send its list of multiple entities on its letterhead duly signed by the authorized signatory latest by August 17, 2012 i.e. 1 day prior to actual bidding on August 21, 2012. The entities list once submitted cannot be altered. Allocation for such entities should be sent to exchange up to 10 minutes from bidding session is over.
 
New participants desirous of participating in the bidding session shall be provided with login ids and passwords once the undertaking appended as Annexure II is submitted to the Exchange. 
URL for the ebidxchange website is - http://ebid.bseindia.com
 
For further queries please contact the following officials:
 

Name of the official
Extension Number
Mr. Laish Roy
22728528
Mr. Mayuresh Samant
22728701
Mr. Anuj Doshi
 22728562
Mr. Sameer Vaze  
 22728543
 

 
 
For and on behalf of
BSE Ltd
 
 
Girish Joshi                                                                                               
General Manager

 



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