Description
BSE announces non-competitive bidding facility for three Treasury Bills (91-day, 182-day, 364-day) auction by RBI on August 20, 2025.
Summary
BSE announces the availability of non-competitive bidding facility for participation in RBI’s Treasury Bills auction scheduled for August 20, 2025. Three T-Bills will be auctioned: 91-day (₹10,000 crore), 182-day (₹6,000 crore), and 364-day (₹5,000 crore) with specific bidding parameters and timelines.
Key Points
- Three Treasury Bills available for auction through non-competitive bidding
- Bidding through BSE’s iBBS web-based NCB-GSec module
- Different bid collection timelines for direct investors and members
- Minimum lot size of ₹10,000 with ₹100 multiples for all T-Bills
- Maximum investment limits vary by T-Bill type
Regulatory Changes
No new regulatory changes. This circular continues the existing non-competitive bidding facility framework established by 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 specified bid collection timelines
- Compliance with minimum and maximum investment limits
- Contact designated teams for user ID creation, bidding queries, and settlement issues
Important Dates
- Bid Collection Start: August 18, 2025, 10:00 AM (24-hour availability)
- Bid Collection End (Direct Investors): August 19, 2025, 5:00 PM
- Bid Collection End (Members): August 20, 2025, 8:00 AM
- Auction Date: August 20, 2025
- Settlement Date: August 21, 2025
Impact Assessment
Medium impact on debt market participants. Provides investment opportunity in government securities with total issue size of ₹21,000 crore across three T-Bill tenors. Facilitates retail and institutional participation in government debt market through simplified non-competitive bidding process.
Impact Justification
Provides trading opportunity for debt market participants through non-competitive bidding facility for government treasury bills