Suspension of Trading in T-bills

Description

BSE announces suspension of trading in four T-bills and one Sovereign Gold Bond effective October 14, 2025, due to upcoming maturity and redemption dates.

Summary

BSE has issued a notice suspending trading in four Treasury Bills (T-bills) and one Sovereign Gold Bond effective October 14, 2025. The suspension is due to the upcoming redemption dates for these securities. Trading members are advised not to execute any transactions in these instruments from the effective date.

Key Points

• Four T-bills with different tenures (91-day, 182-day, and 364-day) are being suspended from trading
• One Sovereign Gold Bond 2017 Series is also included in the suspension
• Suspension effective from October 14, 2025
• Action is routine due to approaching maturity/redemption dates
• Notice reference: DR-735/2025-2026

Affected Securities

Compliance Requirements

• Trading members must cease all trading activities in the listed securities from October 14, 2025
• No new buy or sell orders should be accepted for these instruments
• Members should update their trading systems to reflect the suspension

Important Dates

• Notice Date: October 13, 2025
• Effective Date of Suspension: October 14, 2025
• Expected Maturity/Redemption Date: October 16, 2025 (inferred from security codes)

Impact Assessment

The suspension has limited market impact as it affects specific debt instruments nearing maturity. This is a standard operational procedure for maturing government securities. Investors holding these securities should prepare for redemption. No action required for investors in other securities. The suspension ensures orderly market operations and prevents trading in instruments about to mature.

Impact Justification

Routine suspension of debt instruments approaching maturity; affects specific T-bills and one gold bond with limited market-wide impact