Debt Utilisation Status as on December 31, 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 December 31, 2012
1 Government Debt –Old 10 46,216                45,578           43,156              2,422                          638
2 Government Debt –Long Term 10 51,291                37,584           30,455              7,129                   13,707
3(a) Corporate Debt – Old


 20 99,777                95,823           82,109              9,270                      3,954
3(b) Debt oriented Mutual Fund              4,444
3(c) Corporate Debt – Old (QFIs) 1 5,526                            -                    438                       -   5,088
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                            -             14,801                     39,005
4(c) Investment in IDF 10        44,838                            -                         -                         -                     44,838
5 Upper tier- II 0.5 2,307                            -                         -                         -                        2,307
  Total 66.5 317,212 178,986 175,403 18,822 122,987

NOTE:
*Auction of INR 13,707 cr. in Government debt long term category and INR 3,954 cr. in Corporate debt old category shall be done on the NSE from 15:30 hrs to 17:30 hrs on January 21, 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) 


NOTE:
*Auction of INR 13,707 cr. in Government debt long term category and INR 3,954 cr. in Corporate debt old category shall be done on the NSE from 15:30 hrs to 17:30 hrs on January 21, 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.