Description

BSE announces non-competitive bidding facility for three Treasury Bills (91-day, 182-day, and 364-day) auction scheduled for August 13, 2025.

Summary

BSE announces the availability of non-competitive bidding facility for Treasury Bills auction on August 13, 2025. Three T-Bills will be auctioned: 91-day (₹10,000 crore), 182-day (₹6,000 crore), and 364-day (₹5,000 crore) with varying maximum limits for non-competitive bidding.

Key Points

  • Three Treasury Bills available for auction: 91-day, 182-day, and 364-day
  • Non-competitive bidding through BSE’s iBBS web-based NCB-GSec module
  • Minimum lot size of ₹100 with ₹10,000 minimum amount for all T-Bills
  • Different maximum limits: ₹500 crore (91-day), ₹300 crore (182-day), ₹250 crore (364-day)
  • Bid collection starts August 11, 2025 at 10:00 AM with 24-hour availability

Regulatory Changes

No new regulatory changes. This follows existing framework established by Exchange circular no. 20180423-42 dated April 26, 2018 regarding non-competitive bidding facility for Government Securities auctions.

Compliance Requirements

  • Trading members must use BSE’s iBBS platform NCB-GSec module for bidding
  • Direct investors must submit bids by August 12, 2025 till 5:00 PM
  • Members must submit bids by August 13, 2025 till 8:00 AM
  • Minimum investment of ₹10,000 with lot multiples of ₹100
  • Maximum bidding limits as specified per security type

Important Dates

  • Bid Collection Start: August 11, 2025 from 10:00 AM
  • Direct Investors Deadline: August 12, 2025 till 5:00 PM
  • Members Deadline: August 13, 2025 till 8:00 AM
  • Auction Date: August 13, 2025
  • Settlement Date: August 14, 2025

Impact Assessment

Routine government securities auction with moderate market impact. Provides investment opportunities in short to medium-term government paper. The staggered bid collection timeline ensures proper participation from both direct investors and trading members. Total auction size of ₹21,000 crore across three tenures offers adequate liquidity options for debt market participants.

Impact Justification

Regular government securities auction with standard procedures, affects debt market participants but routine in nature