How long it takes for the new govt securities to be in the pledge list

Bonds
1

Hello,
This week RBI is coming up with new 5 yr securities expiring in 2028 (NI GOVT. STOCK 2028 IN0020230010). Say if I buy those in auction and want to pledge next day when it is credited to my account, is it possible ?? Or it takes time for Clearing Corporation to include it in the list? If so how long i need to wait for pledginng?

Br,
Sabya

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2

Next calendar month.

3

Clearing Corporation revised the list once a month.

From the past trends, it takes up to two months to get the new G-sec into the revised list for pledging, however, it is at the discretion of the Clearing Corporation.

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