Description
BSE suspends trading in National Housing Bank debentures from August 25, 2025 due to record date for redemption and interest payment.
Summary
BSE has suspended trading in two series of National Housing Bank (NHB) debentures effective August 25, 2025, due to the record date being fixed for redemption and interest payment purposes.
Key Points
- Trading suspension applies to two NHB debenture series: INE557F09278 and INE557F09286
- Both debentures carry 9.75% interest rate with maturity on September 10, 2025
- Record date fixed as August 25, 2025 for redemption and interest payment
- Trading members advised not to deal in these debentures from August 25, 2025
Regulatory Changes
No regulatory changes introduced. This is a standard procedure for debenture redemption.
Compliance Requirements
- Trading members must cease dealing in the specified NHB debentures from August 25, 2025
- Members required to take note of the suspension and inform clients accordingly
Important Dates
- August 25, 2025: Record date and trading suspension commencement
- September 10, 2025: Debenture maturity date
Impact Assessment
Limited impact as this affects only holders of specific NHB debenture series. Standard procedure for maturing debentures with no broader market implications. Investors holding these debentures will receive redemption proceeds and final interest payment.
Impact Justification
Temporary trading suspension affecting specific debenture holders of National Housing Bank