Description
Settlement calendar for Corporate Bond Reporting and Institutional Clearing System (CBRICS) for December 2025, with 22 settlement dates.
Summary
NSE Clearing has released the settlement calendar for Corporate Bond Reporting and Institutional Clearing System (CBRICS) for December 2025. Participants and custodians are instructed to transfer securities using ‘On-market’ settlement mode with NSE Clearing Ltd. (CM-BP ID: IN568177) for the 22 scheduled settlement dates during the month.
Key Points
- Settlement calendar covers December 2025 with 22 settlement dates
- Market Type: Corporate Bond
- Clearing Member: NSE Clearing Ltd.
- CM-BP ID: IN568177
- Settlement mode to be used: On-market
- Calendar applies to both NSDL and CDSL transfers
- Previously used DP details (IN001002-10000617) remain invalid for CBRICS platform since September 3, 2019
Regulatory Changes
No regulatory changes. This is a standard operational calendar release.
Compliance Requirements
- Participants and custodians must transfer securities for CBRICS settlement based on the provided calendar
- Securities must be transferred using ‘On-market’ settlement mode
- Transfers must be directed to NSE Clearing Ltd. with CM-BP ID: IN568177
- Old DP details (IN001002-10000617) must not be used for settlement
Important Dates
December 2025 Settlement Schedule:
- December 1-5, 2025: Settlements 2512001-2512005
- December 8-12, 2025: Settlements 2512008-2512012
- December 15-19, 2025: Settlements 2512015-2512019
- December 22-24, 2025: Settlements 2512022-2512024
- December 26, 2025: Settlement 2512026
- December 29-31, 2025: Settlements 2512029-2512031
No settlements on: December 6-7, 13-14, 20-21, 25, 27-28, 2025
Impact Assessment
Operational Impact: Low - This is a routine monthly calendar for corporate bond settlement operations.
Market Impact: Minimal - Standard settlement schedule for institutional participants and custodians dealing in corporate bonds through CBRICS platform.
Affected Parties: Participants and custodians involved in corporate bond clearing and settlement through NSE’s CBRICS platform.
Impact Justification
Routine operational calendar for corporate bond settlement schedule. Standard monthly information for participants/custodians with no market-wide regulatory changes.