Description
NSE notifies suspension of trading in 21 securities including T-Bills, Government Securities, and State Government Bonds effective from their respective suspension dates due to maturity/redemption.
Summary
NSE has notified the suspension of trading in 21 debt securities — comprising Treasury Bills (TB), Government Securities (GS), and State Government Bonds (SG) — effective from their respective suspension dates between March 27, 2026 and April 28, 2026. The suspensions are pursuant to Regulation 3.1.2 of the NSE (Capital Market) Trading Regulations Part A, and are triggered by the maturity/redemption of each instrument.
Key Points
- 21 securities across three series types (TB, GS, SG) will be suspended from trading on their respective suspension dates
- All suspensions are due to Maturity (redemption at end of instrument life)
- Suspension dates range from March 27, 2026 to April 28, 2026
- Issued under Circular Ref. No: 0504/2026, Download Ref No: NSE/CML/73442
- Regulation 3.1.2 of NSE Capital Market Trading Regulations Part A governs these suspensions
Regulatory Changes
No new regulatory changes. This circular is a routine notification under the existing framework of Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A, which mandates notification of trading suspensions upon maturity of listed debt instruments.
Compliance Requirements
- All NSE members must note the suspension dates for the listed securities and cease trading in them on or after the effective suspension date
- Members should inform their clients holding these instruments of the upcoming trading suspension
- No action required beyond awareness and operational adjustment for settlement/holdings
Important Dates
| Symbol | Series | ISIN | Suspension Date |
|---|---|---|---|
| 364D020426 | TB | IN002025Z013 | 27-Mar-2026 |
| 182D030426 | TB | IN002025Y271 | 27-Mar-2026 |
| 790RJ26 | SG | IN2920200028 | 06-Apr-2026 |
| 727GS2026 | GS | IN0020190016 | 06-Apr-2026 |
| 91D090426 | TB | IN002025X406 | 07-Apr-2026 |
| 182D090426 | TB | IN002025Y289 | 07-Apr-2026 |
| 364D100426 | TB | IN002025Z021 | 08-Apr-2026 |
| GS100426C | GS | IN000426C022 | 08-Apr-2026 |
| 563GS2026 | GS | IN0020210012 | 08-Apr-2026 |
| 182D160426 | TB | IN002025Y297 | 13-Apr-2026 |
| 364D160426 | TB | IN002025Z039 | 13-Apr-2026 |
| 91D170426 | TB | IN002025X414 | 15-Apr-2026 |
| 699GS2026 | GS | IN0020230028 | 15-Apr-2026 |
| 672TS26 | SG | IN4520200036 | 20-Apr-2026 |
| 670AP26 | SG | IN1020200078 | 20-Apr-2026 |
| 91D230426 | TB | IN002025X422 | 21-Apr-2026 |
| 364D240426 | TB | IN002025Z047 | 21-Apr-2026 |
| 182D240426 | TB | IN002025Y305 | 22-Apr-2026 |
| GS260426C | GS | IN000426C014 | 22-Apr-2026 |
| 91D300426 | TB | IN002025X430 | 28-Apr-2026 |
| 182D300426 | TB | IN002025Y313 | 28-Apr-2026 |
Impact Assessment
This is a routine operational circular with limited market impact. The suspensions are expected events as the instruments are maturing. Debt market participants — primarily institutional investors, mutual funds, and bond traders — holding any of these 21 instruments should plan accordingly:
- T-Bills (13 securities): Short-duration government instruments maturing between March 27 and April 28, 2026. Holders will receive face value redemption on maturity.
- Government Securities (5 securities): Central government bonds maturing between April 6 and April 22, 2026.
- State Government Bonds (3 securities): Bonds from Rajasthan (790RJ26), Telangana (672TS26), and Andhra Pradesh (670AP26) maturing between April 6 and April 20, 2026.
No equity market impact is expected. The circular is informational for debt market operations only.
Impact Justification
Routine maturity-based suspension of debt instruments; no unexpected regulatory changes. Affects debt market participants holding these instruments approaching redemption between March 27 and April 28, 2026.