Description

BSE suspends trading in three securities - two Treasury Bills (364TB301025 and 91TB301025) and Sovereign Gold Bond 2017 Series - effective October 28, 2025 due to maturity on redemption date.

Summary

BSE has issued a suspension notice for trading in three debt securities that will mature on their redemption date. Trading Members are instructed not to deal in 364-day Treasury Bill (ISIN: IN002024Z297, Scrip Code: 804982), 91-day Treasury Bill (ISIN: IN002025X182, Scrip Code: 805097), and Sovereign Gold Bond 2017 Series (ISIN: IN0020170075, Scrip Code: 800273) effective from October 28, 2025.

Key Points

  • Three securities suspended from trading: two T-bills and one Sovereign Gold Bond
  • 364-day Treasury Bill (364TB301025) - Scrip Code: 804982, ISIN: IN002024Z297
  • 91-day Treasury Bill (91TB301025) - Scrip Code: 805097, ISIN: IN002025X182
  • Sovereign Gold Bond 2017 Series - Scrip Code: 800273, ISIN: IN0020170075
  • Suspension reason: Securities maturing on redemption date
  • Trading Members advised not to deal in these securities from suspension date
  • Circular reference: DR-744/2025-2026
  • Notice issued by Assistant Vice President - Listing Operations (CRD)

Regulatory Changes

No new regulatory changes. This is a standard operational notification for securities reaching maturity.

Compliance Requirements

  • Trading Members must not execute any trades in the three specified securities from October 28, 2025
  • Members should update their trading systems to prevent transactions in these scrip codes
  • Ensure all pending orders for these securities are cancelled before suspension date
  • Inform clients holding positions in these securities about the upcoming maturity and trading suspension

Important Dates

  • Notice Date: October 27, 2025
  • Trading Suspension Effective Date: October 28, 2025
  • Redemption Date: October 30, 2025 (implied from suspension timing)

Impact Assessment

Market Impact: Low to medium. This is a routine operational matter affecting only three debt instruments in the debt segment. The suspension is temporary and relates to normal maturity procedures.

Operational Impact: Trading Members need to update their systems and inform affected clients. Investors holding these securities will receive redemption proceeds on the maturity date as per standard procedures.

Investor Impact: Holders of these T-bills and Sovereign Gold Bond will not be able to trade these securities from October 28, 2025, but will receive redemption proceeds on maturity. No action required from investors as redemption is automatic.

Impact Justification

Routine suspension due to maturity affecting three debt instruments; impacts only holders and traders of these specific securities with clear advance notice