364D130527 - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/364d130527/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usWed, 13 May 2026 00:00:00 +0000Listing of Treasury Bills (T-bills) and State Development Loans (SDLs) on Capital Market Segmenthttps://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-05-13-8805ce08f2caff47-listing-of-treasury-bills-t-bills-and-state-development-loans-sdls-on-capital-ma/Wed, 13 May 2026 00:00:00 +0530https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-05-13-8805ce08f2caff47-listing-of-treasury-bills-t-bills-and-state-development-loans-sdls-on-capital-ma/NSE lists 3 State Development Loans (SDLs) and 3 Government Treasury Bills on the Capital Market Segment effective May 15, 2026, with designated security codes and lot sizes specified.nselistinglowlowmedium8805ce08f2caff47https://nsearchives.nseindia.com/content/circulars/CML74189.pdf777ML36785MZ38775MN3391D130826182D121126364D130527treasury-billsstate-development-loanssdlt-billsgovernment-securitiesdebt-instrumentscapital-marketlistingnse-listingSummary

NSE has notified the listing of 6 government debt securities — 3 State Development Loans (SDLs) and 3 Treasury Bills (T-bills) — on the Capital Market Segment with effect from May 15, 2026. The circular is issued pursuant to Regulation 3.1.1 and Regulation 2.5.5 of the NSE Capital Market Trading Regulations Part A, specifying security codes and lot sizes.

Key Points

  • 3 State Development Loans (SDLs) from Maharashtra, Mizoram, and Manipur are admitted to trading
  • 3 Government of India Treasury Bills (91-day, 182-day, and 364-day) are admitted to trading
  • All securities carry a standard lot size of 100
  • Trading must use designated security codes (symbols) as specified in the Annexure
  • Effective date is May 15, 2026

Regulatory Changes

No new regulatory changes are introduced. The listing is made pursuant to existing Regulation 3.1.1 (admission of securities to dealings) and Regulation 2.5.5 (lot sizes) of the NSE Capital Market Trading Regulations Part A.

Compliance Requirements

  • All NSE members must use the designated security codes for trading in these instruments
  • Trading in each security must conform to the specified lot size of 100 units
  • No additional compliance action is required from members beyond standard trading procedures for debt instruments

Important Dates

  • Circular Date: May 13, 2026
  • Effective Date: May 15, 2026 (all 6 securities admitted to dealings)
  • SDL Maturity Dates: May 13, 2033 (MN), May 13, 2036 (ML), May 13, 2038 (MZ)
  • T-bill Maturity Dates: August 13, 2026 (91D), November 12, 2026 (182D), May 13, 2027 (364D)

Impact Assessment

Symbol Description Coupon Maturity ISIN
777ML36 SDL ML 7.77% 2036 7.77% 13-May-2036 IN2420260027
785MZ38 SDL MZ 7.85% 2038 7.85% 13-May-2038 IN2520260018
775MN33 SDL MN 7.75% 2033 7.75% 13-May-2033 IN2320260010
91D130826 GOI T-Bill 91D — 13-Aug-2026 IN002026X065
182D121126 GOI T-Bill 182D — 12-Nov-2026 IN002026Y063
364D130527 GOI T-Bill 364D — 13-May-2027 IN002026Z060

This is a routine listing of sovereign and quasi-sovereign debt instruments. The SDLs carry competitive coupon rates between 7.75%–7.85%, relevant to institutional investors and fixed-income portfolios. The T-bills provide short-term government paper across standard maturities. No equity market impact is anticipated.

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