Description

BSE/ICCL announces the trading and settlement schedule for the Basket Repo and Special Repo segment for the period 01.04.2026 to 30.04.2026, covering 19 settlement numbers with T+0, T+1, and Forward Leg timings.

Summary

The Indian Clearing Corporation Ltd. (ICCL) has published the trading and settlement programme for the Basket Repo and Special Repo segment on BSE for the period 01 April 2026 to 30 April 2026. The notice covers 19 settlement numbers (2627001–2627019) with schedules for Ready Leg T+0, Ready Leg T+1, and Forward Leg settlements.

Key Points

  • 19 settlement numbers (2627001 to 2627019) are scheduled for April 2026.
  • Three settlement types are covered: Ready Leg T+0, Ready Leg T+1, and Forward Leg.
  • For Ready Leg T+0, transaction and pay-in/pay-out dates are the same (same-day settlement).
  • For Ready Leg T+1 and Forward Leg, pay-in and pay-out occur on the next business day after the transaction date.
  • The final settlement (2627019, transaction date 30-04-2026) has pay-in/pay-out on 04-05-2026 for T+1 and Forward Leg.
  • Market holidays observed: 03-04-2026, 05-04-2026, 11-04-2026, 12-04-2026, 14-04-2026, 18-04-2026, 19-04-2026, 25-04-2026, 26-04-2026 (weekends and public holidays inferred from gaps in the schedule).

Regulatory Changes

No regulatory changes. This is a routine operational notice. Participants are referred to ICCL Notice No. 20180525-18 dated May 25, 2018 for further procedural details.

Compliance Requirements

  • Members participating in the Basket Repo and Special Repo segment must adhere to the stated pay-in deadlines of 02:15 PM for all settlement types.
  • BASKET Repo pay-out is by 03:00 PM for all legs.
  • SPECIAL Repo pay-in/pay-out is by 03:00 PM for Ready Leg T+0 and Forward Leg, and by 01:00 PM for Ready Leg T+1.

Important Dates

  • Settlement period: 01 April 2026 to 30 April 2026
  • First settlement (2627001): Transaction date 02-04-2026
  • Last settlement (2627019): Transaction date 30-04-2026; pay-in/pay-out date 04-05-2026 (for T+1 and Forward Leg)

Impact Assessment

This is a routine administrative notice affecting members and participants of the Basket Repo and Special Repo segment on BSE. There is no broader market impact. Members should update their internal settlement calendars for April 2026 to reflect the published schedule and applicable pay-in/pay-out timings.

Impact Justification

Routine monthly settlement calendar for Basket Repo and Special Repo segment; operational/administrative in nature with no regulatory changes or broad market impact.