769BR35 - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/769br35/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usWed, 29 Apr 2026 00:00:00 +0000Listing of Treasury Bills and State Development Loans on NSE Capital Market Segment effective May 4, 2026https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-04-29-cf1a075e104cd678-listing-of-treasury-bills-t-bills-and-state-development-loans-sdls-on-capital-ma/Wed, 29 Apr 2026 00:00:00 +0530https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-04-29-cf1a075e104cd678-listing-of-treasury-bills-t-bills-and-state-development-loans-sdls-on-capital-ma/NSE notifies admission of 10 State Development Loans (SDLs) across 7 states and 3 Government of India Treasury Bills (91D, 182D, 364D) for trading on the Capital Market segment effective May 04, 2026.nselistinglowlowlowcf1a075e104cd678https://nsearchives.nseindia.com/content/circulars/CML73959.pdf783KL49769UK36769BR35764MP34772UP36A783AS46708UK29768CG36782CG48783MP4891D300726182D291026364D290427listinggovernment-securitiesstate-development-loanstreasury-billscapital-marketsdlt-billsfixed-incomedebt-segmentSummary

NSE has notified the listing of 13 new government securities on its Capital Market segment with effect from May 04, 2026. These include 10 State Development Loans (SDLs) issued by 7 state governments (Kerala, Uttarakhand, Bihar, Madhya Pradesh, Uttar Pradesh, Assam, Chhattisgarh) and 3 Government of India Treasury Bills (91-day, 182-day, and 364-day). All securities carry a standard lot size of 100.

Key Points

  • 13 securities admitted to trading on NSE Capital Market segment effective May 04, 2026
  • 10 SDLs from 7 states with coupon rates ranging from 7.08% to 7.83% and maturities between 2029 and 2049
  • 3 GOI T-bills: 91-day (matures Jul 30, 2026), 182-day (matures Oct 29, 2026), 364-day (matures Apr 29, 2027)
  • All securities carry a uniform lot size of 100 units
  • Circular issued under Regulation 3.1.1 and Regulation 2.5.5 of NSE Capital Market Trading Regulations Part A
  • Securities are identified solely by their designated NSE codes for trading purposes

Regulatory Changes

No new regulatory changes. This circular is issued in routine compliance with 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 NSE members must use the designated security codes when trading these instruments
  • Trading must be conducted in the specified lot size of 100 units per security
  • No additional compliance action required from members beyond standard government securities trading norms

Important Dates

  • Circular Date: April 29, 2026
  • Effective Date (trading commencement): May 04, 2026
  • SDL Maturity Dates: Range from April 29, 2029 (SDL UK 7.08%) to April 29, 2049 (SDL KL 7.83%)
  • T-bill Maturity Dates: July 30, 2026 (91D) | October 29, 2026 (182D) | April 29, 2027 (364D)

Impact Assessment

SDL Securities Listed (Lot Size 100, Series SG):

Symbol Description Coupon Maturity ISIN
783KL49 SDL Kerala 7.83% 2049 7.83% 29-Apr-2049 IN2020260047
769UK36 SDL Uttarakhand 7.69% 2036 7.69% 29-Apr-2036 IN3620260023
769BR35 SDL Bihar 7.69% 2035 7.69% 29-Apr-2035 IN1320260020
764MP34 SDL Madhya Pradesh 7.64% 2034 7.64% 29-Apr-2034 IN2120260038
772UP36A SDL Uttar Pradesh 7.72% 2036 7.72% 29-Apr-2036 IN3320260026
783AS46 SDL Assam 7.83% 2046 7.83% 29-Apr-2046 IN1220260013
708UK29 SDL Uttarakhand 7.08% 2029 7.08% 29-Apr-2029 IN3620260015
768CG36 SDL Chhattisgarh 7.68% 2036 7.68% 29-Apr-2036 IN3520260032
782CG48 SDL Chhattisgarh 7.82% 2048 7.82% 29-Apr-2048 IN3520260040
783MP48 SDL Madhya Pradesh 7.83% 2048 7.83% 29-Apr-2048 IN2120260046

Treasury Bills Listed (Lot Size 100, Series TB):

Symbol Description Maturity ISIN
91D300726 GOI T-Bill 91D 30-Jul-2026 IN002026X040
182D291026 GOI T-Bill 182D 29-Oct-2026 IN002026Y048
364D290427 GOI T-Bill 364D 29-Apr-2027 IN002026Z045

This is a routine government securities listing with minimal market impact. The addition of these instruments provides investors with additional fixed-income options on the exchange platform. SDL coupon rates cluster between 7.08%–7.83%, consistent with prevailing state government borrowing rates.

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