Description

BSE announces the listing of new debt securities (AHRT-3M-MIBOR-20-12-33-PTC) issued by Affordable Housing RMBS Trust-I on private placement basis with CRISIL AAA(SO) rating.

Summary

BSE announces the listing and admission to trading of new debt securities issued by Affordable Housing RMBS Trust-I on private placement basis, effective December 17, 2025. The securities are Pass Through Certificates (PTC) linked to 3-month MIBOR with a maturity date of December 20, 2033, carrying CRISIL AAA(SO) rating.

Key Points

  • Issuer: Affordable Housing RMBS Trust-I
  • Security Type: Pass Through Certificates (PTC)
  • Scrip Code: 977378
  • Scrip ID: AHRT151225
  • ISIN: INE2O9N15014
  • Quantity Listed: 2,677,086 units
  • Face Value: ₹1,000 per unit
  • Issue Price: ₹1,000 per unit
  • Credit Rating: CRISIL AAA(SO)
  • Interest Rate: 3M-MIBOR based (as per Disclosure Document)
  • Allotment Date: December 15, 2025
  • Redemption Date: December 20, 2033
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only
  • Put/Call Option: Not available

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for debt securities on the BSE Debt segment.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE2O9N15014
  • Trading members should refer to the Placement Memorandum available at BSE’s debt memorandum portal for complete details
  • Standard tick size of 1 paise applies to all transactions
  • Trading members requiring clarifications may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: December 15, 2025
  • Listing Date: December 17, 2025
  • Interest Payment Dates: As per Disclosure Document
  • Redemption Date: December 20, 2033

Impact Assessment

This listing has minimal impact on the broader market as it involves private placement debt securities targeted at institutional investors. The RMBS (Residential Mortgage-Backed Securities) structure indicates these are backed by residential mortgage pools. The AAA(SO) rating by CRISIL suggests structured obligation with high credit quality. The floating rate structure linked to 3-month MIBOR provides interest rate risk management for investors. Impact is confined to the debt market segment with no effect on equity trading or retail participation.

Impact Justification

Routine listing of private placement debt securities by a trust. Limited to specific institutional investors with no impact on retail market or broader trading operations.