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 |