Settlement Schedule

The settlements of corporate bond trades shall be carried out between Monday to Friday for three settlement cycles viz., T+0, T+1 and T+2. The indicative cut-off timings for settlements are as under:

Details Timing upto
T+0 Settlement
Intimation of intention to settle upto 2:00 pm
Settlement timings upto 3:00 pm
T+1 and T+2 Settlement
Intimation of intention to settle upto 10:00 am
Settlement timings upto 11:00 am

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The higher the Percent of Deliverable Quantity to Traded Quantity the better - it indicates that most buyers are expecting the price of the share to go up.

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