Description

NSE lists 27 new government securities including 24 State Development Loans and 3 Treasury Bills for trading on capital market segment effective January 09, 2026.

Summary

NSE has notified the listing of 27 government securities on the capital market segment effective January 09, 2026. The securities include 24 State Development Loans (SDLs) from various states and 3 Treasury Bills (T-bills) issued by the Government of India. All securities will be traded in lot sizes of 100 units and identified by designated security codes.

Key Points

  • 24 State Development Loans from states including Rajasthan, West Bengal, Tamil Nadu, Andhra Pradesh, Madhya Pradesh, Karnataka, Chhattisgarh, Assam, and Jammu & Kashmir
  • Coupon rates ranging from 6.92% to 7.67% with maturity dates from 2030 to 2056
  • 3 Treasury Bills: 91-day (maturing Apr 9, 2026), 182-day (maturing Jul 9, 2026), and 364-day (maturing Jan 7, 2027)
  • All securities designated with SG (SDL) and TB (T-bill) market types
  • Uniform lot size of 100 units for all securities
  • Trading to be conducted using designated security codes only

Regulatory Changes

None. This is a routine listing notification pursuant to existing regulations.

Compliance Requirements

  • Trading members must use designated security codes for identification
  • All trades must be executed in specified lot sizes of 100 units
  • Securities admitted under Regulation 3.1.1 of NSE Capital Market Trading Regulations Part A
  • Lot sizes specified under Regulation 2.5.5 of NSE Capital Market Trading Regulations Part A

Important Dates

  • Circular Date: January 07, 2026
  • Effective Date: January 09, 2026
  • T-bill Maturities: April 09, 2026 (91D), July 09, 2026 (182D), January 07, 2027 (364D)
  • SDL Maturities: Various dates from 2030 to 2056

Impact Assessment

Minimal market impact. This is a standard administrative listing of government securities that provides additional investment options for institutional investors and debt market participants. The listing expands the range of government securities available for trading on NSE’s capital market segment but does not affect equity trading or require operational changes from market participants.

Impact Justification

Routine listing of government securities with no direct impact on equity markets or trading members' operations