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21 Jun 2018

Fox Mandal Newsletter – Capital Market Weekly Updates

SEBI vide its earlier circulars (dated February 3rd, February 5th, October 6th of 2015 and October 9th of 2014) had stipulated minimum residual maturity restriction of three years for investment by FPI in Government Securities, (G-Sec) State Development Loans and Corporate Debts. Further, it also enabled investment of coupons in G Secs and related matters and prescribed the procedure to be followed in the implementation of the auction mechanism.

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