Description

BSE announces listing of two series of debt securities issued by NBFID on private placement basis with tenors of 5 and 15 years, rated AAA by CRISIL and ICRA.

Summary

BSE has listed two series of debt securities issued by National Bank for Financing Infrastructure and Development (NBFID) on private placement basis, effective November 17, 2025. The securities include a 5-year bond with 6.86% interest rate and a 15-year bond with 7.15% interest rate, both rated AAA by CRISIL and ICRA.

Key Points

  • Two debt securities listed on BSE Debt segment effective November 17, 2025
  • Security 1: NBFIL-6.86%-13-11-30-PVT (ISIN: INE0KUG08100)
    • Scrip Code: 977294
    • Quantity: 166,000 units
    • Face/Paid-up/Issue Value: Rs. 100,000 per unit
    • Interest Rate: 6.86% p.a. (paid annually)
    • Allotment Date: November 13, 2025
    • Redemption Date: November 13, 2030
  • Security 2: NBFID-7.15%-13-11-40-PVT (ISIN: INE0KUG08118)
    • Scrip Code: 977295
    • Quantity: 246,000 units
    • Face/Paid-up/Issue Value: Rs. 100,000 per unit
    • Interest Rate: 7.15% p.a. (paid annually)
    • Allotment Date: November 13, 2025
    • Redemption Date: November 13, 2040
  • Both securities carry AAA rating from CRISIL (Stable outlook) and ICRA (STABLE outlook)
  • No put/call options available on either security
  • Market lot size: 1 unit
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification.

Compliance Requirements

  • Securities must be traded only in dematerialized form under specified ISIN numbers
  • Trading members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for detailed terms
  • Clarifications may be obtained from BSE debt department (contact: 22728352/8597/8995/5753/8915)

Important Dates

  • November 13, 2025: Date of allotment for both securities
  • November 17, 2025: Effective date of listing and trading commencement
  • November 13, 2030: Redemption date for 5-year security
  • November 13, 2040: Redemption date for 15-year security
  • Annual: Interest payment frequency for both securities

Impact Assessment

This listing has minimal market impact as it pertains to institutional debt securities issued on private placement basis. The AAA credit rating indicates high credit quality. Trading is restricted to dematerialized form with high face value (Rs. 1 lakh per unit), making these suitable only for institutional and high-net-worth investors. The listing expands the debt market offerings for infrastructure financing but does not affect retail equity markets or general trading activity.

Impact Justification

Routine listing of debt securities on private placement basis affecting institutional debt market participants only, not equity investors