SDL Issue Dates

Bonds
1

I see an upcoming SDL on 09th May 2023 in the calendar but nothing on Coin in the SDL.

2

As per the calendar today is the Auction date. The bids close one day prior to the auction date. SDL generally opens up for non-competitive bidding on Mondays, or Friday if there’s any holiday in the coming week.

3

Can we buy these SDL in Zerodha platform…and can we pledge it?

4

Whenever the exchange opens the non-competitive bidding, you can apply for it on coin. The cutoff time and close date will reflect on coin.

Generally

  1. SDL bidding opens and ends on Monday evening
  2. T-Bills bidding opens on Monday and ends on Tuesday.
  3. G-Sec bidding opens on Tuesday and ends on Thursday.

PS. The non-competitive bidding days May vary incase of any non-business day or a trading holiday.

NSCCL provides a list of gsec that can be pledged, they have included a few SDL, not all the SDLs are provided for pledging from the exchange end.

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