Description
NSE Clearing Limited publishes the settlement schedule for the Debt Segment for April 2026, covering both Debt Settlement (Type 'I') and Debt Auction Settlement (Type '2') on a rolling T+1 basis.
Summary
NSE Clearing Limited (formerly National Securities Clearing Corporation Ltd.) has published the settlement calendar for the Debt Segment for the month of April 2026, pursuant to Regulation 6.2 of NSE Clearing Limited (Capital Market Regulations, 1997). The calendar covers two settlement types: Debt Settlement (Type ‘I’) and Debt Auction Settlement (Type ‘2’), both operating on a rolling T+1 basis.
Key Points
- Settlement operates on a rolling T+1 basis for both settlement types throughout April 2026.
- Debt Settlement (Type ‘I’) covers settlement numbers 2026061 through 2026079, with trade dates from 02-Apr-26 to 30-Apr-26.
- Debt Auction Settlement (Type ‘2’) covers settlement numbers 2026061 through 2026079, with trade dates from 06-Apr-26 to 04-May-26.
- Due to market holidays, certain settlement dates are pushed beyond the immediate next business day (e.g., 10-Apr-26 settles on 13-Apr-26; 13-Apr-26 settles on 15-Apr-26; 30-Apr-26 settles on 04-May-26).
- The final Debt Auction settlement entry (Sett No 2026079) has a trade date of 04-May-26 settling on 05-May-26, extending into May.
Regulatory Changes
No regulatory changes are introduced. This circular is issued in pursuance of Regulation 6.2 of NSE Clearing Limited (Capital Market Regulations, 1997) as a routine operational notification.
Compliance Requirements
- All Members, Custodians, and PCMs (Professional Clearing Members) in the Debt Segment must adhere to the published settlement schedule for April 2026.
- Participants should plan their funding and securities delivery obligations in accordance with the daily settlement dates listed in Annexure ‘A’ (Type ‘I’) and Annexure ‘B’ (Type ‘2’).
- For clarifications, participants should contact the NSE Clearing help desk at 1800 266 0050 (IVR Option 2) or securities_ops@nsccl.co.in.
Important Dates
Debt Settlement (Type ‘I’) — Key Dates:
| Sett No | Trade Date | Settlement Date |
|---|---|---|
| 2026061 | 02-Apr-26 | 06-Apr-26 |
| 2026066 | 10-Apr-26 | 13-Apr-26 |
| 2026067 | 13-Apr-26 | 15-Apr-26 |
| 2026070 | 17-Apr-26 | 20-Apr-26 |
| 2026075 | 24-Apr-26 | 27-Apr-26 |
| 2026079 | 30-Apr-26 | 04-May-26 |
Debt Auction Settlement (Type ‘2’) — Key Dates:
| Sett No | Trade Date | Settlement Date |
|---|---|---|
| 2026061 | 06-Apr-26 | 07-Apr-26 |
| 2026065 | 10-Apr-26 | 13-Apr-26 |
| 2026066 | 13-Apr-26 | 15-Apr-26 |
| 2026078 | 30-Apr-26 | 04-May-26 |
| 2026079 | 04-May-26 | 05-May-26 |
Impact Assessment
This is a routine operational calendar with medium impact for debt segment participants. Members, custodians, and PCMs must align their liquidity and securities management plans with the published T+1 rolling settlement dates. Notable gaps due to market holidays in April 2026 (around 11–12 Apr and 14 Apr) require participants to plan for extended settlement cycles on those dates. No broader market disruption is anticipated.
Impact Justification
Routine operational circular relevant to debt segment participants (members, custodians, PCMs) for planning April 2026 settlement obligations; no regulatory changes or enforcement actions.