Dear Participants,
As per SEBI’s MDAC Working Group 1D recommendations, exchanges have been instructed to make following changes on their debt reporting platforms. Accordingly, BSE will make following changes mandatory on its NDS-RST platform effective from August 09, 2021:
1. Disallow reporting of zero yields and disseminate trades on the Exchange website which fall outside a yield range as computed by the Exchanges. The yield range will be updated every quarter based on the latest trade data across Exchanges and all participants would be informed in advance regarding the same. Participants entering yield outside the yield range will have to select the rationales at the time of reporting.
2. Users to provide exact trigger date along with YTC/YTP/YTM while reporting.
3. Additional option to report Buyback trades under deal type.
Participants may also take note of the availability of reporting IST trades by all participant categories on NDS-RST platform.
The above changes will also impact bulk upload format and hence it will also undergo change. The new bulk upload format is provided in the annexure.
For further queries please contact the following officials:
|
Name of the official
|
Extension Number
|
|
Mr. Ankit Parekh
|
22728377
|
|
Ms. Hiral Bhuptani
|
22728057/8629
|
|
Email ID: fixedincome@bseindia.com
|
Ketan Jantre Vijay Krishnamurthy
Sr. General Manager Additional General Manager
Trading Operation Fixed Income
|