Introduction of Interest Rate Derivatives Contracts on 636GS2031 and 694GS2036
BSE notice 20260518-21 · 18 May 2026
Official record
Open source pageSummary
Check the official recordWhat changed
BSE introduces new Interest Rate Derivatives contracts. These contracts include Interest Rate Futures and Options. The contracts base on the 6.36 percent Government of India Bond maturing on February 16, 2031. They also base on the 6.94 percent Government of India Bond maturing on May 11, 2036. Trading members and market participants must refer to the provided annexures for product details and trading parameters. The new contracts become available for trading on May 19, 2026. Trading members may contact their relationship managers for clarifications.
What you must do
- Refer to the annexures for product details and trading parameters.
Key dates
- Effective from
- 19 May 2026
- Effective date for introduction of contracts
- 19 May 2026
Document text
[Image omitted. See the official document.]
NOTICE
| Notice No. | 20260518-21 |
|---|---|
| Notice Date | 18 May 2026 |
| Category | Trading |
| Segment | IRD |
| Department | Trading Operations |
| Subject | Introduction of Interest Rate Derivatives Contracts on 636GS2031 and 694GS2036 |
| Attachments | Annexure_636GS2031 ; Annexure_694GS2036 |
Trading Members and market participants are requested to refer to the Exchange notice number 20150616-21 dated June 16, 2015 regarding Exchange Traded Cash Settled Interest Rate Futures (IRF) on 6 year, 10 year and 13 year Government of India Security.
In view of the above, the Exchange shall be introducing Interest Rate Derivatives contracts based on following bonds with effect from May 19, 2026.
- 6.36 % Government of India Bond maturing on February 16, 2031 – Both Interest Rate Futures and Options Contracts.
- 6.94 % Government of India Bond maturing on May 11, 2036 – Both Interest Rate Futures and Options Contracts.
Product details and trading parameters are attached as Annexure.
For any clarifications, Trading Members are advised to contact their respective Relationship Managers.
For and on behalf of BSE Ltd,
Ketan Jantre
Head – Trading Operations
Kaushal Mehta
VP – Trading Operations
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 18 May 2026
- Document number
- 20260518-21
- Issuing division
- Trading Operations
- Effective date
- 19 May 2026
- Coverage area
- securities