Description
BSE trading and settlement schedule for basket repo and special repo segments covering the period from September 1-30, 2025.
Summary
BSE has announced the trading and settlement programme for the Basket Repo and Special Repo segments for September 2025. The circular provides detailed settlement schedules for Ready Leg (T+0 and T+1) and Forward Leg transactions, along with specific pay-in and pay-out timings for different repo types.
Key Points
- Settlement schedule covers 22 trading days from September 1-30, 2025
- Three settlement types: Ready Leg T+0, Ready Leg T+1, and Forward Leg
- Settlement numbers range from 2526102 to 2526122
- Different pay-in and pay-out timings for basket repo vs special repo
Settlement Schedules
Ready Leg T+0: Same-day transaction, pay-in, and pay-out dates Ready Leg T+1: Transaction date with next business day settlement Forward Leg: Settlement on next business day after transaction
Settlement Timings
- Basket Repo Pay-in: 02:15 PM
- Basket Repo Pay-out: By 03:00 PM
- Special Repo Pay-in/Pay-out: By 03:00 PM (Ready Leg T+0 and Forward Leg), By 01:00 PM (Ready Leg T+1)
Important Dates
- Effective Period: September 1, 2025 to September 30, 2025
- Notice Date: August 7, 2025
- Reference: ICCL Notice No.20180525-18 dated May 25, 2018
Impact Assessment
This schedule impacts repo market participants who need to plan their liquidity management and settlement operations. The structured timeline ensures orderly settlement of repo transactions across different segments with specific timing requirements for different repo types.
Impact Justification
Operational schedule affecting repo market participants with specific settlement timings