Description
BSE announces non-competitive bidding facility for two GoI dated securities auction with bid collection starting August 12, 2025.
Summary
BSE announces non-competitive bidding facility for Government of India dated securities auction scheduled for August 14, 2025. Two securities totaling ₹28,000 crores will be available through the NCB-GSec module on BSE’s iBBS platform.
Key Points
- Two GoI dated securities available: 6.01% GS 2030 (₹15,000 cr) and New GS 2055 (₹13,000 cr)
- Bid collection starts August 12, 2025 from 10:00 AM with 24-hour availability
- Trading members can bid until August 14, 2025 at 8:00 AM
- Direct investors can bid until August 13, 2025 at 5:00 PM
- Minimum subscription units of 100 with ₹10,000 minimum amount
- Maximum bidding amount capped at ₹2 crores per security
Regulatory Changes
No new regulatory changes. This circular continues the existing non-competitive bidding facility launched in April 2018 for government securities auctions.
Compliance Requirements
- Trading members must use BSE’s iBBS web-based system NCB-GSec module
- Adherence to specified bidding timelines and amount limits
- Settlement obligations on August 18, 2025
- Contact designated teams for user ID creation, bidding queries, and settlement issues
Important Dates
- Bid Collection Start: August 12, 2025, 10:00 AM
- Bid End (Direct Investors): August 13, 2025, 5:00 PM
- Bid End (Trading Members): August 14, 2025, 8:00 AM
- Auction Date: August 14, 2025
- Settlement Date: August 18, 2025
Impact Assessment
Medium impact on debt market participants and institutional investors. Provides access to government securities through non-competitive route, facilitating broader market participation. The ₹28,000 crore offering size indicates significant liquidity injection into the debt market.
Impact Justification
Regular government securities auction affecting debt market participants with specific bidding timelines