Description

NSE Clearing Ltd. has published the CBRICS settlement calendar for April 2026, listing 19 settlement dates and corresponding settlement numbers for NSDL/CDSL transfers in the Corporate Bond market segment.

Summary

NSE Clearing Ltd. has issued the CBRICS (Corporate Bond Repo in International Clearing Settlement) settlement calendar for April 2026. Participants and custodians are directed to transfer securities using ‘On-market’ settlement mode under the Corporate Bond market type. The circular covers 19 settlement dates across April 2026 with corresponding settlement numbers for NSDL/CDSL transfers.

Key Points

  • CM Name: NSE Clearing Ltd.; CM-BP ID: IN568177
  • Market Type: Corporate Bond
  • Settlement mode: On-market
  • 19 settlement dates scheduled in April 2026
  • Applicable for both NSDL and CDSL transfers
  • Previously used DP details (IN001002-10000617) are invalid for CBRICS settlements since September 3, 2019

Regulatory Changes

No new regulatory changes. This is a routine operational circular publishing the monthly settlement schedule.

Compliance Requirements

  • Participants and custodians must use Settlement mode ‘On-market’ for all CBRICS securities transfers
  • Must use CM-BP ID IN568177 for NSE Clearing Ltd.
  • Must not use the deprecated DP details (IN001002-10000617) for any CBRICS settlement

Important Dates

Settlement DateSettlement Number
02-Apr-20262604002
06-Apr-20262604006
07-Apr-20262604007
08-Apr-20262604008
09-Apr-20262604009
10-Apr-20262604010
13-Apr-20262604013
15-Apr-20262604015
16-Apr-20262604016
17-Apr-20262604017
20-Apr-20262604020
21-Apr-20262604021
22-Apr-20262604022
23-Apr-20262604023
24-Apr-20262604024
27-Apr-20262604027
28-Apr-20262604028
29-Apr-20262604029
30-Apr-20262604030

Impact Assessment

This circular has moderate operational impact for debt segment participants and custodians involved in corporate bond settlements via CBRICS. It provides the necessary schedule to plan securities transfers for the entire month of April 2026. No market-wide or equity segment impact. Non-compliance with settlement dates or use of outdated DP details could result in settlement failures.

Impact Justification

Routine operational circular providing settlement schedule for CBRICS participants and custodians for April 2026; no regulatory changes, but operationally important for debt segment participants managing corporate bond settlements.