Description
BSE announces non-competitive bidding facility for three Treasury Bills (91-day, 182-day, and 364-day) to be auctioned by RBI on August 13, 2025.
Summary
BSE announces the availability of non-competitive bidding facility for three Treasury Bills to be auctioned by RBI on August 13, 2025. The facility allows trading members and direct investors to participate in the auction through BSE’s NCB-GSec module.
Key Points
- Three Treasury Bills available: 91-day (₹10,000 Cr), 182-day (₹6,000 Cr), and 364-day (₹5,000 Cr)
- Bidding through BSE’s iBBS web-based system NCB-GSec module
- Different bid collection end dates for direct investors and members
- Minimum lot size of ₹10,000 with multiples of ₹100
- Maximum bidding limits range from ₹250-500 Cr depending on tenure
Regulatory Changes
No new regulatory changes. This continues the existing non-competitive bidding facility launched through Exchange circular no. 20180423-42 dated April 26, 2018.
Compliance Requirements
- Trading members must use BSE’s iBBS NCB-GSec module for bidding
- Adherence to minimum lot sizes and maximum bidding limits
- Compliance with specified bid collection timelines
Important Dates
- Bid Collection Start: August 11, 2025 from 10:00 AM (24 hours availability)
- Bid Collection End (Direct Investors): August 12, 2025 till 5:00 PM
- Bid Collection End (Members): August 13, 2025 till 8:00 AM
- Auction Date: August 13, 2025
- Settlement Date: August 14, 2025
Impact Assessment
Medium impact on debt market participants. Provides investment opportunity in government securities with different maturity options. Facilitates broader participation in Treasury Bill auctions through BSE’s platform, enhancing market liquidity and accessibility for both institutional and retail participants.
Impact Justification
Routine Treasury Bill auction facility announcement affecting debt market participants