Description

BSE announces listing of 11,000 Commercial Papers worth Rs. 5 lakh each issued by NABARD on private placement basis, effective November 10, 2025.

Summary

BSE has listed new Commercial Papers issued by National Bank for Agriculture and Rural Development (NABARD) on its Debt segment. The listing consists of 11,000 Commercial Papers with a face value of Rs. 5,00,000 each, issued on private placement basis. Trading commenced on November 10, 2025.

Key Points

  • Issuer: National Bank for Agriculture and Rural Development (NABARD)
  • Instrument: Commercial Paper (short-term debt)
  • Quantity: 11,000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,92,618.50 per unit
  • Total Issue Size: Rs. 5,500 crore (11,000 × Rs. 5 lakh)
  • Scrip Code: 730524
  • Scrip ID: NBAR071125
  • ISIN: INE261F14ON6
  • Credit Rating: ICRA A1+, IND A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Issuing and Paying Agent: Axis Bank Ltd

Regulatory Changes

No regulatory changes. This is a standard listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE261F14ON6
  • Trading must occur in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities will be traded on BSE Debt segment only

Important Dates

  • Allotment Date: November 7, 2025
  • Listing Date: November 10, 2025
  • Redemption Date: February 6, 2026
  • Tenor: 91 days (approximately 3 months)

Impact Assessment

Market Impact: Minimal. This is a routine Commercial Paper listing for a government-owned development bank. The instrument is a short-term debt security with high credit rating (A1+), indicating low default risk.

Operational Impact: No impact on trading members beyond awareness of the new debt instrument available for trading. The securities follow standard BSE Debt segment trading protocols.

Investor Impact: Provides institutional investors with a short-term investment option backed by NABARD with high credit quality and approximately 3-month maturity.

Impact Justification

Routine debt instrument listing with no impact on equity markets or regulatory changes