Description
BSE announces listing of two new Commercial Paper issues by Fedbank Financial Services Limited totaling Rs. 150 crores with 3-month tenure.
Summary
BSE has listed two new Commercial Paper issues by Fedbank Financial Services Limited on the debt segment. The issues total Rs. 150 crores (Rs. 100 crores + Rs. 50 crores) with face value of Rs. 5 lakhs each and 3-month tenure.
Key Points
- First issue: 2000 units of Rs. 5 lakhs each (Rs. 100 crores total) allotted on August 22, 2025
- Second issue: 1000 units of Rs. 5 lakhs each (Rs. 50 crores total) allotted on August 25, 2025
- Both issues rated CRISIL A1+ and ICRA A1+
- Issue price: Rs. 4,91,785 per unit (discount to face value)
- Redemption dates: November 21 and November 24, 2025 respectively
- The Federal Bank Ltd acts as Issuing and Paying Agent
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form under specified ISIN numbers
- Trading in standard denomination of Rs. 5 lakhs and multiples
- Tick size of 1 paise for trading
- Market lot size of 1 unit
Important Dates
- First issue allotment: August 22, 2025
- Second issue allotment: August 25, 2025
- First issue redemption: November 21, 2025
- Second issue redemption: November 24, 2025
- Trading commencement: August 26, 2025
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding option for Fedbank Financial Services Limited and investment opportunity for institutional investors in highly-rated short-term debt instruments.
Impact Justification
Routine commercial paper listing with no market-wide impact