Description

Commercial Paper worth Rs. 100 crores issued by Fedbank Financial Services Limited listed on BSE Debt segment, maturing on March 5, 2026.

Summary

Fedbank Financial Services Limited has listed new Commercial Paper worth Rs. 100 crores (2000 units of Rs. 5 lakhs each) on BSE’s Debt segment effective December 5, 2025. The instruments were issued on private placement basis with allotment date December 4, 2025, and will mature on March 5, 2026. Federal Bank Limited serves as the Issuing and Paying Agent.

Key Points

  • Instrument Type: Commercial Paper (Private Placement)
  • Total Issue Size: Rs. 100 crores (2000 units)
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,91,688.50 per unit (discount of Rs. 8,311.50)
  • Scrip Code: 730705
  • Scrip ID: FFSL041225
  • ISIN: INE007N14EM0
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Trading Mode: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE007N14EM0
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be followed for all transactions
  • Issuing and Paying Agent: Federal Bank Limited

Important Dates

  • Allotment Date: December 4, 2025
  • Listing Date: December 5, 2025
  • Redemption Date: March 5, 2026
  • Tenure: 91 days (approximately 3 months)

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The instrument provides short-term funding for Fedbank Financial Services Limited with a 91-day maturity period. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness. Trading will be limited to institutional and high-net-worth investors given the Rs. 5 lakh minimum denomination. The discount of approximately 1.66% reflects prevailing short-term interest rates for highly-rated issuers.

Impact Justification

Routine commercial paper listing with standard 91-day tenure. Limited market impact as it's a private placement debt instrument with no immediate trading implications for broader market participants.