Description
BSE announces non-competitive bidding facility for three Treasury Bills auction on August 28, 2025 through NCB-GSec module.
Summary
BSE announces the availability of non-competitive bidding facility for the auction of three Treasury Bills (T-Bills) scheduled on August 28, 2025. The auction is conducted by RBI for Government of India securities with total issue size of ₹21,000 crores across three tenors: 91-day, 182-day, and 364-day T-Bills.
Key Points
- Three T-Bills available: 91-day (₹10,000 Cr), 182-day (₹6,000 Cr), and 364-day (₹5,000 Cr)
- Bidding through NCB-GSec module of iBBS web-based system
- Minimum lot size of ₹10,000 with multiples of ₹100
- Different bid collection deadlines for direct investors and members
- Settlement on August 29, 2025
Regulatory Changes
No new regulatory changes. This continues the existing non-competitive bidding facility for Government Securities auctions as per Exchange circular no. 20180423-42 dated April 26, 2018.
Compliance Requirements
- Trading members must use the NCB-GSec module on iBBS platform
- Adherence to minimum lot sizes and maximum investment limits
- Direct investors must submit bids by August 27, 2025 till 5:00 PM
- Members must submit bids by August 28, 2025 till 8:00 AM
Important Dates
- Bid Collection Start: August 25, 2025 from 10:00 AM (24-hour availability)
- Direct Investors Deadline: August 27, 2025 till 5:00 PM
- Members Deadline: August 28, 2025 till 8:00 AM
- Auction Date: August 28, 2025
- Settlement Date: August 29, 2025
Impact Assessment
Medium impact on debt market participants and institutional investors. Provides liquidity opportunity in government securities market. The varying maximum investment limits (₹500 Cr for 91-day, ₹300 Cr for 182-day, ₹250 Cr for 364-day) allow structured participation across different tenor preferences.
Impact Justification
Regular auction facility for treasury bills affecting debt market participants