Description

Settlement calendar for Corporate Bond Repository for Institutional and Corporate Securities (CBRICS) for January 2026, with 21 settlement dates and updated transfer instructions.

Summary

NSE Clearing has issued the settlement calendar for CBRICS (Corporate Bond Repository for Institutional and Corporate Securities) for January 2026. Participants and Custodians must transfer securities using Settlement mode ‘On-market’ with CM Name: NSE Clearing Ltd. and CM-BP ID: IN568177. The calendar includes 21 settlement dates throughout January 2026.

Key Points

  • Market Type: Corporate Bond
  • Clearing Member: NSE Clearing Ltd.
  • CM-BP ID: IN568177
  • Settlement Mode: On-market
  • 21 settlement dates scheduled for January 2026
  • Settlement numbers range from 2601001 to 2601030
  • Previously used DP details (IN001002-10000617) are not valid since September 3, 2019

Regulatory Changes

No new regulatory changes. This circular reiterates the existing requirement to use updated DP details (IN568177) instead of the old credentials that were discontinued in September 2019.

Compliance Requirements

  • Participants and Custodians must transfer securities for CBRICS settlement based on the provided calendar
  • Must use Settlement mode as ‘On-market’
  • Must use CM-BP ID: IN568177 for all transfers
  • Old DP details (IN001002-10000617) must not be used

Important Dates

January 2026 Settlement Dates:

  • January 1, 2, 5-9, 12-16, 19-23, 27-30, 2026
  • Corresponding settlement numbers: 2601001, 2601002, 2601005-2601009, 2601012-2601016, 2601019-2601023, 2601027-2601030
  • Notable gaps: January 3-4, 10-11, 17-18, 24-26, 31 (no settlements)

Impact Assessment

Market Impact: Low - This is a routine operational calendar for corporate bond settlement.

Operational Impact: Low - Participants and custodians familiar with CBRICS operations need to follow the standard monthly calendar. No changes to settlement procedures or requirements.

Affected Parties: Corporate bond market participants, custodians, and entities involved in CBRICS platform trading in the debt segment.

Impact Justification

Routine monthly settlement calendar for corporate bond trading participants with no regulatory changes or immediate compliance requirements.