Description

BSE announces non-competitive bidding facility for two Government of India dated securities auction through NCB-GSec module.

Summary

BSE announces non-competitive bidding facility for Government of India dated securities auction on August 22, 2025. Two G-secs will be available for bidding: 5.91% GS 2028 (₹6,000 cr) and 6.33% GS 2035 (₹30,000 cr) through the NCB-GSec module of iBBS platform.

Key Points

  • Two GoI dated securities available for auction through non-competitive bidding
  • Bidding through NCB-GSec module of iBBS web-based system
  • 24-hour availability for bid collection starting August 19, 2025
  • Different bid collection end dates for members vs direct investors
  • Settlement on August 25, 2025

Securities Details

5.91% GS 2028 (591GS28A25)

  • Type: G-Sec Re-issue
  • Issue Size: ₹6,000 crores
  • Min Subscription: 100 units, ₹10,000
  • Maximum Amount: ₹2 crores

6.33% GS 2035 (633GS35A25)

  • Type: G-Sec Re-issue
  • Issue Size: ₹30,000 crores
  • Min Subscription: 100 units, ₹10,000
  • Maximum Amount: ₹2 crores

Important Dates

  • Bid Collection Start: August 19, 2025, 10:00 AM onwards
  • Bid Collection End (Members): August 22, 2025, 8:00 AM
  • Bid Collection End (Direct Investors): August 21, 2025, 5:00 PM
  • Auction Date: August 22, 2025
  • Settlement Date: August 25, 2025

Compliance Requirements

  • Trading members must use NCB-GSec module of iBBS platform
  • Adhere to specified bid collection timelines
  • Follow minimum subscription units and amount limits
  • Contact designated teams for technical or operational queries

Impact Assessment

Routine G-sec auction facility enabling trading members and direct investors to participate in government securities market. Provides liquidity access to debt market participants with established bidding infrastructure.

Impact Justification

Regular G-sec auction with established procedures, affects debt trading members