Description
BSE announces non-competitive bidding facility for three Treasury Bills (91-day, 182-day, 364-day) auction conducted by RBI on July 30, 2025.
Summary
BSE announces the availability of non-competitive bidding facility for three Treasury Bills auction scheduled by RBI on July 30, 2025. Trading members can participate through the NCB-GSec module of BSE’s iBBS platform for 91-day, 182-day, and 364-day T-Bills with total issue sizes of ₹21,000 crores.
Key Points
- Three Treasury Bills available: 91-day (₹10,000 cr), 182-day (₹6,000 cr), 364-day (₹5,000 cr)
- Bidding through BSE’s iBBS NCB-GSec module
- Minimum lot size of ₹10,000 with multiples of ₹100
- Maximum bidding limits: ₹500 cr (91-day), ₹300 cr (182-day), ₹250 cr (364-day)
- 24-hour bidding availability starting July 28, 2025
Regulatory Changes
No new regulatory changes. This follows existing framework established by Exchange circular no. 20180423-42 dated April 26, 2018 for non-competitive bidding facility in government securities auctions.
Compliance Requirements
- Trading members must use BSE’s iBBS web-based system NCB-GSec module
- Adherence to minimum lot sizes and maximum bidding limits
- Compliance with bid collection timelines
- Settlement obligations as per T+1 cycle
Important Dates
- Bid Collection Start: July 28, 2025, 10:00 AM (24-hour availability)
- Bid Collection End (Direct Investors): July 29, 2025, 5:00 PM
- Bid Collection End (Members): July 30, 2025, 8:00 AM
- Auction Date: July 30, 2025
- Settlement Date: July 31, 2025
Impact Assessment
Medium impact on debt market participants and institutional investors. Provides liquidity avenue for Treasury Bills investment through BSE platform. Regular auction facility supporting government borrowing program with standardized non-competitive bidding process.
Impact Justification
Regular treasury bill auction facility affecting debt market participants