Description
BSE announces non-competitive bidding facility for GoI dated securities auction featuring 6.01% GS 2030 and New GS 2055.
Summary
BSE announces the availability of non-competitive bidding facility for participation in RBI’s auction of Government of India dated securities scheduled for August 14, 2025. Two securities will be available: 6.01% GS 2030 (Re-issue of ₹15,000 crores) and New GS 2055 (Re-issue of ₹13,000 crores).
Key Points
- Two GoI dated securities available for auction through BSE’s NCB-GSec module
- 6.01% GS 2030: Re-issue size ₹15,000 crores, minimum ₹10,000, maximum ₹2 crores
- New GS 2055: Re-issue size ₹13,000 crores, minimum ₹10,000, maximum ₹2 crores
- Bidding through iBBS web-based system at https://ibbs.bseindia.com
- Different bid collection deadlines for members vs direct investors
- Settlement on August 18, 2025
Regulatory Changes
No new regulatory changes. This continues the existing non-competitive bidding facility launched in April 2018 for government securities auctions.
Compliance Requirements
- Trading members must use BSE’s iBBS NCB-GSec module for bidding
- Minimum subscription units of 100 with ₹10,000 minimum amount
- Maximum investment limit of ₹2 crores per security
- Adherence to specified bid collection timelines
Important Dates
- Bid Collection Start: August 12, 2025 from 10:00 AM (24-hour availability)
- Bid Collection End (Members): August 14, 2025 till 8:00 AM
- Bid Collection End (Direct Investors): August 13, 2025 till 5:00 PM
- Auction Date: August 14, 2025
- Settlement Date: August 18, 2025
Impact Assessment
Medium impact on debt market participants. Provides retail and institutional investors access to government securities through BSE’s platform. The facility democratizes participation in government securities auctions beyond primary dealers, potentially increasing retail participation in the debt market.
Impact Justification
Provides access to government securities auction for retail and institutional investors through BSE platform