Description

BSE announces non-competitive bidding facility for GoI Treasury Bills auction with three securities totaling Rs 21,000 crores.

Summary

BSE has announced the availability of non-competitive bidding facility for Government of India Treasury Bills auction scheduled for September 10, 2025. Three T-Bills with tenors of 91, 182, and 364 days will be auctioned with a combined issue size of Rs 21,000 crores through the NCB-GSec module of BSE’s iBBS platform.

Key Points

  • Three Treasury Bills to be auctioned: 91-day (Rs 10,000 cr), 182-day (Rs 6,000 cr), and 364-day (Rs 5,000 cr)
  • Non-competitive bidding available through BSE’s iBBS web-based system
  • Minimum lot size of Rs 100 with Rs 10,000 minimum investment amount
  • Maximum bidding limits: Rs 500 cr (91-day), Rs 300 cr (182-day), Rs 250 cr (364-day)
  • Bid collection starts September 8, 2025 at 10:00 AM with 24-hour availability

Regulatory Changes

No new regulatory changes. This circular continues the existing non-competitive bidding facility launched through Exchange circular no. 20180423-42 dated April 26, 2018.

Compliance Requirements

  • Trading members must use NCB-GSec module of iBBS platform for bidding
  • Direct investors must submit bids by September 9, 2025 till 5:00 PM
  • Members must submit bids by September 10, 2025 till 8:00 AM
  • Adherence to minimum lot sizes and investment amounts as specified

Important Dates

  • Bid Collection Start: September 8, 2025, 10:00 AM onwards
  • Direct Investor Deadline: September 9, 2025, 5:00 PM
  • Member Deadline: September 10, 2025, 8:00 AM
  • Auction Date: September 10, 2025
  • Settlement Date: September 11, 2025

Impact Assessment

This auction provides investment opportunities in government securities for both institutional and retail investors through BSE’s platform. The staggered bidding deadlines ensure proper order flow management. Contact information provided for technical support indicates BSE’s commitment to smooth auction process execution.

Impact Justification

Regular government securities auction with standard bidding facility - affects debt market participants but follows established process