Description
Three new Treasury Bills with maturities of 91, 182, and 364 days listed on BSE effective October 24, 2025. Securities will be unavailable for trading two working days prior to maturity.
Summary
BSE has listed three new Treasury Bills (T-Bills) effective October 24, 2025, in the G Group - Debt Instruments segment. The securities include 91-day, 182-day, and 364-day T-Bills with respective maturity dates in January, April, and October 2026. Trading members are reminded that these securities will not be available for trading two working days prior to their maturity dates.
Key Points
- Three new Treasury Bills listed on BSE effective October 24, 2025
- All securities listed under G Group - Debt Instruments segment
- Market lot size is 1 unit for all three securities
- Securities have ISINs: IN002025X307, IN002025Y305, IN002025Z302
- Scrip codes assigned: 805133, 805134, 805135
- Trading symbols: 91TB220126, 182TB23426, 364T221026
- Standard restriction applies: no trading two working days before maturity
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification for new government securities.
Compliance Requirements
Trading members must note the trading restriction: listed securities will not be available for trading two working days prior to the Maturity/Redemption Date (T-2 trading days, excluding bank holidays).
Important Dates
- Listing Effective Date: October 24, 2025
- 91-Day T-Bill Maturity: January 23, 2026 (Scrip Code 805133)
- 182-Day T-Bill Maturity: April 24, 2026 (Scrip Code 805134)
- 364-Day T-Bill Maturity: October 22, 2026 (Scrip Code 805135)
- Trading Cessation: Two working days before each respective maturity date
Impact Assessment
Market Impact: Low. This is a routine listing of government securities that expands available debt instruments for trading. Treasury Bills provide short-term investment options for market participants seeking sovereign-backed securities.
Operational Impact: Minimal. Trading members need to update their systems with the new scrip codes and symbols. The pre-maturity trading restriction is standard practice for debt securities and requires no new operational procedures.
Liquidity Impact: Neutral to slightly positive, as additional government securities provide more options for debt market participants, particularly those seeking short-term sovereign instruments across different maturity tenors.
Impact Justification
Routine listing of government Treasury Bills with standard trading rules. No regulatory changes or compliance requirements for market participants beyond awareness of new securities available for trading.