Description
BSE announces non-competitive bidding facility for two Government of India dated securities auction scheduled for August 22, 2025.
Summary
BSE notifies trading members about the availability of non-competitive bidding facility for two Government of India dated securities auction scheduled for August 22, 2025. The auction includes 5.91% GS 2028 (₹6,000 crore) and 6.33% GS 2035 (₹30,000 crore) securities.
Key Points
- Two G-secs available for non-competitive bidding: 5.91% GS 2028 and 6.33% GS 2035
- Total issue size: ₹36,000 crore (₹6,000 cr + ₹30,000 cr)
- Bidding through NCB-GSec module of BSE’s iBBS platform
- Different bid collection end dates for members and direct investors
- Minimum subscription units: 100, minimum amount: ₹10,000, maximum: ₹2 crore
Regulatory Changes
No new regulatory changes. This is a standard auction notification under existing non-competitive bidding facility launched in April 2018.
Compliance Requirements
- Trading members must use BSE’s iBBS web-based NCB-GSec module for bidding
- Adherence to minimum and maximum bidding limits
- Compliance with specified bid collection timelines
- Settlement obligations as per standard G-sec trading norms
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
Impact Assessment
Medium impact on debt market participants and institutional investors. Provides opportunity for non-competitive participation in government securities auction. The ₹36,000 crore total issue size represents significant liquidity injection. Contact details provided for technical and operational support during the bidding process.
Impact Justification
Standard government securities auction notification affecting debt market participants