Description
Trading suspended in YES BANK LTD. bonds (ISIN: INE528G08329) from January 5, 2026 due to record date for redemption and interest payment.
Summary
BSE has suspended trading in YES BANK LTD. bonds (9.05% series maturing 2026, ISIN: INE528G08329) effective January 5, 2026. The suspension is due to the record date being set for redemption of bonds and payment of interest. Trading members are advised not to deal in these bonds from the no-dealings date.
Key Points
- Bond series affected: YES BANK LTD. 9.05%-20-1-26-PVT
- ISIN: INE528G08329
- Scrip Code: 953235
- Record date: January 5, 2026
- No dealings from: January 5, 2026
- Purpose: Redemption of bonds and payment of interest
- Circular reference: DR-791/2025-2026
Regulatory Changes
No regulatory changes introduced. This is a standard corporate action notification for bond redemption.
Compliance Requirements
- Trading members must not execute any trades in the specified YES BANK bonds from January 5, 2026
- All trading members are required to take note of the suspension
- No new positions should be created in these bonds
Important Dates
- December 31, 2025: Circular issue date
- January 5, 2026: Record date for redemption and interest payment
- January 5, 2026: Trading suspension effective date (no dealings from this date)
Impact Assessment
Market Impact: High for bondholders of this specific series. Trading suspension prevents secondary market transactions, but bondholders will receive redemption proceeds and final interest payment based on the record date.
Operational Impact: Trading members must update their systems to block trades in this ISIN. Bondholders holding positions as of the record date will receive redemption payment and accrued interest. This is a terminal event for this bond series as it approaches maturity and redemption.
Impact Justification
Complete trading suspension in specific bond series affects bondholders and market participants. Redemption event involves principal repayment and final interest payment.