Debt Utilisation Status as on February 28, 2013  
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 February 28, 2013  
1 Government Debt –Old 10 46,216             45,155          43,181         1,974          1,061  
2 Government Debt –Long Term 15 78,216             68,369          38,748       29,621          9,847
3(a) Corporate Debt – Old


 20 99,777             94,446          80,676         9,395          5,331
3(b) Debt oriented Mutual Fund            4,374
3(c) Corporate Debt – Old (QFIs) 1 5,526                      -                  438                -   5,088
4 Corporate Debt –  Long Term 5 26,925             26,925                728       26,197 0
5(a) QFI investment in debt mutual fund schemes which invest in infra 3     13,451                      -                     -                  -          13,451
5(b) Corporate debt long term infra (15 months residual maturity) 12     53,806            14,368                -          39,438
5(c) Investment in IDF 10     44,838                      -                     -                  -          44,838
6 Upper tier- II 0.5 2,307                      -                     -                  -            2,307
  Total 76.5 371,062 234,894 182,512 67,187 121,362

NOTE:
Auction of INR 1,061 cr. in Government Debt old category, INR 9,847 cr. in Govt Debt long term category and INR 5,331 cr. in Corporate Debt old category shall be done on the NSE from 15:30 hrs to 17:30 hrs on March 20, 2013 as per SEBI circular no. CIR/IMD/FIIC/12/2012  dated April 27, 2012 and SEBI circular no. CIR/IMD/FIIC/3/2013 dated February 08, 2013.                                                                                                                                                                                             
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.