Description
National Bank for Agriculture and Rural Development's Commercial Paper worth Rs. 500 crore listed on BSE Debt segment with maturity date of February 9, 2026.
Summary
National Bank for Agriculture and Rural Development (NABARD) has listed new Commercial Paper worth Rs. 500 crore (10,000 units of Rs. 5 lakh each) on the BSE Debt segment. The securities were issued on private placement basis and are admitted to trading with effect from November 11, 2025.
Key Points
- Issuer: National Bank for Agriculture and Rural Development
- Instrument Type: Commercial Paper
- Total Issue Size: Rs. 500 crore (10,000 units)
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,92,618.50 per unit
- Scrip Code: 730532
- Scrip ID: NBA101125
- ISIN: INE261F14OO4
- Credit Rating: ICRA A1+, IND A1+
- Market Lot: 1 unit
- Trading Denomination: Rs. 5 lakhs and multiples thereof
- Tick Size: 1 paise
- Issuing and Paying Agent: Axis Bank Ltd
Regulatory Changes
No regulatory changes announced. This is a standard listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE261F14OO4
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- All trades must adhere to the tick size of 1 paise
Important Dates
- Allotment Date: November 10, 2025
- Listing Date: November 11, 2025
- Redemption Date: February 9, 2026
Impact Assessment
This is a routine commercial paper listing by NABARD, a government-backed development financial institution. The listing provides short-term debt market participants with an investment opportunity in highly-rated paper (A1+ rating). The impact on broader market operations is minimal, as this is a wholesale debt instrument with standard denomination of Rs. 5 lakhs, accessible primarily to institutional investors. No impact on equity markets or retail investors.
Impact Justification
Routine listing of commercial paper by a government-backed financial institution with no direct equity market impact