Description
NSE admits 15 new securities to dealings on its Capital Market segment effective April 24, 2026, comprising 12 State Development Loans (SDLs) from Telangana, Punjab, Andhra Pradesh, Rajasthan, and Maharashtra, plus 3 Government of India Treasury Bills with maturities ranging from 91 to 364 days.
Summary
NSE’s Listing Department (Circular Ref. No. 0664/2026, Download Ref No. NSE/CML/73846) notifies the admission of 15 new securities to dealings on the National Stock Exchange Capital Market segment with effect from April 24, 2026. The securities comprise 12 State Development Loans (SDLs) from five states and 3 Government of India Treasury Bills. All securities carry a standard lot size of 100 units and are identified by designated security codes for trading purposes.
Key Points
- 15 securities admitted to NSE Capital Market segment effective April 24, 2026
- 12 State Development Loans (SDLs) from Telangana, Punjab, Andhra Pradesh, Rajasthan, and Maharashtra with coupon rates ranging from 7.54% to 7.84%
- 3 GOI Treasury Bills: 91-day (maturity July 23, 2026), 182-day (maturity October 22, 2026), and 364-day (maturity April 22, 2027)
- All securities carry a uniform lot size of 100
- Securities to be identified solely by designated codes for trading purposes
- Issued pursuant to Regulation 3.1.1 and Regulation 2.5.5 of NSE Capital Market Trading Regulations Part A
Regulatory Changes
No new regulatory changes introduced. Circular is issued pursuant to existing Regulation 3.1.1 (admission of securities to dealings) and Regulation 2.5.5 (lot sizes) of the National Stock Exchange (Capital Market) Trading Regulations Part A.
Compliance Requirements
- All members must use designated security codes when trading these securities on the NSE system
- Trading must be conducted in the specified lot size of 100 units per security
- No additional compliance obligations beyond standard government securities trading norms
Important Dates
- Circular Date: April 22, 2026
- Effective Date: April 24, 2026 (all 15 securities admitted to dealings)
- SDL Maturities: Range from April 22, 2033 (SDL TS 7.54%) to April 22, 2056 (SDL AP 7.81%)
- T-bill Maturities: July 23, 2026 (91-day) | October 22, 2026 (182-day) | April 22, 2027 (364-day)
Impact Assessment
SDL Details (12 securities):
| Symbol | Description | Coupon | Maturity | ISIN |
|---|---|---|---|---|
| 77TS37 | SDL TS 7.7% 2037 | 7.70% | 22-Apr-2037 | IN4520260048 |
| 754TS33 | SDL TS 7.54% 2033 | 7.54% | 22-Apr-2033 | IN4520260030 |
| 784PN38 | SDL PN 7.84% 2038 | 7.84% | 22-Apr-2038 | IN2820260023 |
| 779AP42 | SDL AP 7.79% 2042 | 7.79% | 22-Apr-2042 | IN1020260049 |
| 781RJ49 | SDL RJ 7.81% 2049 | 7.81% | 22-Apr-2049 | IN2920260048 |
| 779MH54 | SDL MH 7.79% 2054 | 7.79% | 22-Apr-2054 | IN2220260060 |
| 764RJ36 | SDL RJ 7.64% 2036 | 7.64% | 22-Apr-2036 | IN2920260030 |
| 755MH34 | SDL MH 7.55% 2034 | 7.55% | 22-Apr-2034 | IN2220260045 |
| 777MH44 | SDL MH 7.77% 2044 | 7.77% | 22-Apr-2044 | IN2220260052 |
| 781AP56 | SDL AP 7.81% 2056 | 7.81% | 22-Apr-2056 | IN1020260056 |
| 763AP34 | SDL AP 7.63% 2034 | 7.63% | 22-Apr-2034 | IN1020260031 |
| 782TS47 | SDL TS 7.82% 2047 | 7.82% | 22-Apr-2047 | IN4520260055 |
T-bill Details (3 securities):
| Symbol | Description | Maturity | ISIN |
|---|---|---|---|
| 91D230726 | GOI TBILL 91D | 23-Jul-2026 | IN002026X032 |
| 182D221026 | GOI TBILL 182D | 22-Oct-2026 | IN002026Y030 |
| 364D220427 | GOI TBILL 364D | 22-Apr-2027 | IN002026Z037 |
This is a routine listing circular with minimal market disruption. It expands the tradeable universe of government debt instruments on NSE, providing members and institutional investors access to additional sovereign-backed instruments across multiple tenors and state issuers. No impact on equity markets.
Impact Justification
Routine periodic admission of government debt securities (SDLs and T-bills) to NSE's capital market segment. No regulatory changes or compliance obligations for equity market participants; impact is limited to debt market participants trading government securities.