The National Stock Exchange (NSE) has issued a notification on the standardization of file formats for MII-Member Interface – primary markets and Corporate Bond Reporting and Integrated Clearing System (CBRICS). The notification was issued on 28th December, 2022.
As per recommendations of SEBI’s Market Data Advisory Committee (MDAC) regarding “Standardization of MII-Member/Bank Interface”, it was proposed to standardize the formats of Bid Upload/ Response files across applicable Exchanges.
This was envisioned as part of the continued efforts to enhance the interface between Exchanges and Members/ Self Certified Syndicate Banks (SCSB).
In this regard, the new standardized file formats have been made available in:
- IPO (Equity/REIT/INVIT),
- Non-Competitive Bidding (Gsec, SDL & T-bills),
- Sovereign Gold Bonds (SGB), and
- for CBRICS bulk upload
These formats are provided in Annexure A of this notification along with ISO tags.
Both, the old (existing) and new files shall be simultaneously available for use till 31st March, 2023. Thereafter the old (existing) files will be discontinued.
