Trading Members may note that Exchange will be offering the trading facility in Treasury Bills (T-Bills) in Equity Segment. The trading parameters for the same are given below:
Segment
|
Equity Segment
|
Scrip group
|
‘G’ Group
|
Lot Size
|
10 and multiple of 10
|
Price Quotation
|
The T-Bills shall be quoted in actual price of the security. The price precision shall be up to 2 decimals e.g., 98.99
|
Order Matching
|
Order matching in these securities shall continue to be based on the existing price-time priority mechanism
|
Available Securities
|
91 Days, 182 Days and 364 Days T-Bills
(All outstanding T-Bills will be available. All new issues of T-Bills will be made available for trading after allotment by RBI)
|
Tick Size
|
Rs. 0.01
|
Price Band
|
+/- 2% (subject to upper limit of Rs. 100)
|
Settlement Mode of Security
|
Dematerialized Mode only
|
Eligible Members
|
All members eligible to trade in Equity segment can deal in T- Bills
|
The trades shall be settled on a T+2 rolling basis.
A fixed margin of 10% shall be levied on all trade in T- Bills.
Procedure for shortage handling will be same as applicable to Government Securities traded in G-Group.
Transaction charges shall be same as applicable to G group.
Trading in T-Bills will commence from Friday February 01,2019.
Trading Members are requested to contact the following officials of the Exchange for any further queries:
Mr. Sunny Trisal
|
022 2272 8057
|
Mr. Ankit Parekh
|
022 2272 8377
|
Bhushan Mokashi Sandeep Pujari
Additional General Manager Assistant General Manager
Listing Operations Trading Operations |