Description
BSE suspends trading in three T-bills (182-day, 364-day, and 91-day) and Sovereign Gold Bond 2017 Series effective October 14, 2025, due to upcoming maturity/redemption.
Summary
BSE has announced the suspension of trading in three Treasury Bills (T-bills) and one Sovereign Gold Bond effective October 14, 2025. The securities are being suspended due to their upcoming maturity and redemption dates. Trading members are advised to cease dealing in these instruments from the specified date under DR-735/2025-2026.
Key Points
- Four debt instruments suspended from trading effective October 14, 2025
- Includes 91-day, 182-day, and 364-day Treasury Bills
- Also includes Sovereign Gold Bond 2017 Series
- Suspension due to maturity/redemption dates
- Trading members must not deal in these securities from the effective date
Affected Securities
| Sr. No. | Scrip Code | ISIN | Particulars |
|---|---|---|---|
| 1 | 805053 | IN002025Y032 | 182T161025 (182-day T-bill maturing Oct 16, 2025) |
| 2 | 804976 | IN002024Z271 | 364TB161025 (364-day T-bill maturing Oct 16, 2025) |
| 3 | 805091 | IN002025X166 | 91TB161025 (91-day T-bill maturing Oct 16, 2025) |
| 4 | 800271 | IN0020170059 | Sovereign Gold Bond 2017 Series |
Compliance Requirements
- Trading members must cease all trading activities in the listed securities from October 14, 2025
- Members should not accept or execute any orders for these instruments
- Positions in these securities should be settled according to normal redemption procedures
Important Dates
- Notice Date: October 13, 2025
- Trading Suspension Effective Date: October 14, 2025
- Expected Maturity Date: October 16, 2025 (for T-bills)
Impact Assessment
Market Impact: Medium - Affects debt market participants holding or actively trading these specific T-bills and sovereign gold bonds. The suspension is routine for maturing securities and allows for orderly settlement.
Operational Impact: Trading members need to update their systems to block trading in these four securities. Investors holding these instruments should prepare for redemption proceeds to be credited upon maturity.
Reference: Notice No. 20251013-3, DR-735/2025-2026
Impact Justification
Routine suspension of debt instruments due to maturity. Affects debt market participants holding or trading these specific securities.