Description
NSE Clearing announces settlement calendar for CBRICS corporate bond platform for September 2025 with daily settlement numbers.
Summary
NSE Clearing has released the settlement calendar for CBRICS (Corporate Bond platform) for September 2025. The circular provides daily settlement numbers for corporate bond transactions throughout the month, with settlements occurring on all business days.
Key Points
- Settlement calendar covers September 1-30, 2025
- Settlement numbers range from 2509001 to 2509030
- Market Type: Corporate Bond
- Clearing Member: NSE Clearing Ltd. (CM-BP ID: IN568177)
- Settlement mode: On-market
- Applies to both NSDL and CDSL transfers
Regulatory Changes
Previously used DP details (IN001002-10000617) will not be considered for settlement on CBRICS platform effective September 3, 2019 (legacy notice reiterated).
Compliance Requirements
- Participants/Custodians must transfer securities using ‘On-market’ settlement mode
- Must follow the specified settlement dates and numbers
- Use correct CM-BP ID (IN568177) for NSE Clearing Ltd.
Important Dates
- Settlement Period: September 1-30, 2025
- Daily settlements on all business days
- First settlement: September 1, 2025 (Settlement No. 2509001)
- Last settlement: September 30, 2025 (Settlement No. 2509030)
Impact Assessment
Routine operational calendar that ensures smooth functioning of corporate bond settlement system. Medium impact as it affects all participants in the debt segment but represents standard monthly operational guidance rather than policy changes.
Impact Justification
Operational calendar for corporate bond settlements affecting market participants