Difference between 709GOI54 and 709GS2054-GS in Kite?

Zerodha Zerodha platforms
1

I noticed two different symbols in Zerodha Kite:

  1. 709GOI54 - IN0020240118
  2. 709GS2054-GS - IN0020240118
    Both appear to represent the 7.09% Government of India Security maturing in 2054.
    Can someone clarify:
    If they are the same security, why are there two different trading symbols in Kite? Is there any difference in liquidity, settlement, coupon payment, maturity, or YTM between them?
2

Both are basically the same government bond (same ISIN), just listed on different exchange BSE and NSE. 709GOI54 is listed on the BSE, while 709GS2054-GS is listed on the NSE.

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3

When purchasing, liquidity is as per the current ASKs on the respective exchange.
Once purchased, they are fungible and one can sell on either BSE/NSE (if one wishes to sell).

YTM will depend on the price one purchases them at, on the respective exchange.

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4

@cvs confusion here is

If the exact same stock is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), it will have the exact same ISIN number

If it is same Bond then why diff ISIN , is it possible to have diff ISIN if the stock or bond listed diff exchange ?

5

Different symbols. Same ISIN (What exactly is an ISIN?).

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6

Sorry Some Mistake from my side , I am not sure Why I am thinking / look like its diff ISIN .