Introduction of Interest Rate Derivatives Contracts on Specific Government Bonds
BSE notice 20260918-22 · 18 Sept 2026
Official title
Notice issued for Introduction of Interest Rate Derivatives Contracts on 706GS2041, 657GS2033 and 653GS2031
Official record
Open source pageSummary
Check the official recordWhat changed
BSE introduces Interest Rate Derivatives contracts for three Government of India bonds. These include the 7.06% bond maturing in 2041, the 6.57% bond maturing in 2033, and the 6.53% bond maturing in 2031. The exchange offers both Interest Rate Futures and Options contracts for each bond. Trading members must refer to the provided annexures for product details and trading parameters. These contracts become available for trading on September 21, 2026. Trading members may contact their relationship managers for further clarification.
What you must do
- Refer to the annexures for product details and trading parameters.
Key dates
- Effective from
- 21 Sept 2026
- Effective date for introduction of contracts
- 21 Sept 2026
Document text
[Image omitted. See the official document.]
NOTICE
| Notice No. | 20260918-22 |
|---|---|
| Notice Date | 18 Sep 2026 |
| Category | Trading |
| Segment | IRD |
| Department | Trading Operations |
| Subject | Notice issued for Introduction of Interest Rate Derivatives Contracts on 706GS2041, 657GS2033 and 653GS2031 |
| Attachments | Annexure_653GS2031 ; Annexure_657GS2033 ; Annexure_706GS2041 |
[Image omitted. See the official document.]
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 September 21, 2026.
- 7.06 % Government of India Bond maturing on July 27, 2041 – Both Interest Rate Futures and Options Contracts.
- 6.57 % Government of India Bond maturing on August 17, 2033 – Both Interest Rate Futures and Options Contracts.
- 6.53 % Government of India Bond maturing on September 07, 2031 – 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 & On behalf of BSE Ltd,
| Ketan Jantre | Kaushal Mehta |
|---|---|
| Head – Trading Operations | Vice President - Trading Operations |
Source details
- Source
- BSE Ltd (Bombay Stock Exchange)
- Type
- notice
- Published by source
- 18 Sept 2026
- Document number
- 20260918-22
- Issuing division
- Trading Operations
- Effective date
- 21 Sept 2026
- Coverage area
- securities