Description

Two T-bills (364TB091025 and 91TB091025) will mature on their redemption date. Trading suspended from October 7, 2025.

Summary

BSE has issued Notice No. 20251006-13 informing trading members that two Treasury Bills (T-bills) will mature on their redemption date and trading in these securities will be suspended from October 7, 2025. This is a standard procedure for maturing debt instruments.

Key Points

  • Two T-bills are reaching maturity: 364TB091025 (ISIN: IN002024Z263, Scrip Code: 804973) and 91TB091025 (ISIN: IN002025X158, Scrip Code: 805088)
  • Trading members are advised not to deal in these T-bills effective from October 7, 2025
  • Notice reference: DR-730/2025-2026
  • Issued by Marian Dsouza, Assistant Vice President – Listing Operations (CRD)

Regulatory Changes

No regulatory changes. This is a standard operational notice for maturing securities.

Compliance Requirements

  • Trading members must cease trading in the specified T-bills from October 7, 2025
  • Members should ensure their trading systems are updated to reflect the suspension
  • No new positions should be created in these securities

Important Dates

  • Notice Date: October 6, 2025
  • Trading Suspension Date: October 7, 2025
  • Maturity/Redemption Date: October 9, 2025 (implied from suspension date)

Impact Assessment

Market Impact: Low - This is a routine maturity process for T-bills. The suspension affects only those trading members actively dealing in these specific treasury bills.

Operational Impact: Minimal - Trading members need to update their systems to prevent trading in these securities. The two T-bills represent standard short-term government securities (91-day and 364-day tenures) that regularly mature and are replaced with new issuances.

Investor Impact: None for most investors - Holders of these T-bills will receive redemption proceeds at maturity. Only active traders in these specific securities need to be aware of the trading suspension.

Impact Justification

Routine administrative notice for maturing T-bills affecting only debt segment traders dealing with these specific securities