NSE has notified the listing of 12 government securities on its Capital Market Segment with effect from April 17, 2026, pursuant to Regulation 3.1.1 of the NSE Capital Market Trading Regulations Part A. The securities comprise 9 State Development Loans (SDLs) from five states and 3 Government of India Treasury Bills (T-bills) with tenors of 91, 182, and 364 days. All securities carry a standard lot size of 100 units.

Key Points

• 12 securities admitted to dealings on NSE Capital Market Segment from April 17, 2026
• 9 SDLs covering Kerala (KL), Madhya Pradesh (MP), Bihar (BR), Chhattisgarh (CG), and Uttar Pradesh (UP)
• 3 GOI Treasury Bills: 91-day, 182-day, and 364-day tenors
• All securities trade under Series SG (SDLs) or TB (T-bills) with lot size of 100
• SDL coupon rates range from 7.37% to 7.92% per annum
• SDL maturities range from 2031 to 2056
• Securities identified solely by designated codes for trading purposes

Regulatory Changes

No new regulatory changes. The listing is effected under 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

• Members must use designated security codes exclusively for identifying and trading these instruments on the exchange system
• Trading must be conducted in the prescribed lot sizes of 100 units per security
• No additional compliance action required from members beyond standard debt segment trading norms

Important Dates

Impact Assessment

Market Impact: Low. This is a routine periodic notification for government debt instruments. SDLs and T-bills are sovereign-backed, risk-free instruments that primarily affect institutional participants (banks, insurance companies, provident funds) active in the NSE debt segment.

Securities Detail: