Description

BSE announces non-competitive bidding facility for RBI auction of Government of India dated security 6.48% GS 2035 with re-issue size of Rs. 32,000 crores on November 07, 2025.

Summary

BSE has announced the availability of non-competitive bidding facility for the RBI auction of Government of India dated security scheduled for November 07, 2025. The auction will offer 6.48% GS 2035 (re-issue) with a total issue size of Rs. 32,000 crores. Trading members can submit bids through BSE’s iBBS web-based NCB-GSec module starting November 04, 2025.

Key Points

  • RBI press release dated November 03, 2025 announced GoI dated securities auction on November 07, 2025
  • Non-competitive bidding facility available through BSE’s iBBS NCB-GSec module at https://ibbs.bseindia.com
  • Security offered: 6.48% GS 2035 (Re-issue) with issue size of Rs. 32,000 crores
  • Minimum subscription units: 100 (minimum amount Rs. 10,000)
  • Maximum bidding amount: Rs. 2 crores
  • Settlement date: November 10, 2025
  • Continuation of facility launched via circular no. 20180423-42 dated April 23, 2018

Regulatory Changes

No regulatory changes. This is a routine operational circular for an upcoming G-sec auction using the existing non-competitive bidding framework established in 2018.

Compliance Requirements

For Trading Members:

  • Submit bids through NCB-GSec module of iBBS system
  • Ensure bids comply with minimum subscription units of 100 and multiples thereof
  • Adhere to minimum amount of Rs. 10,000 and maximum amount of Rs. 2 crores per bid
  • Contact designated BSE teams for user ID creation, password reset, bidding queries, or settlement issues

For Direct Investors:

  • Submit bids by the earlier deadline of November 06, 2025 at 5:00 pm

Important Dates

  • November 04, 2025 (10:00 am): Bid collection starts (24-hour availability)
  • November 06, 2025 (5:00 pm): Bid collection end for direct investors
  • November 07, 2025 (8:00 am): Bid collection end for trading members
  • November 07, 2025: Auction date
  • November 10, 2025: Settlement date

Impact Assessment

Market Impact: Low. This is a routine G-sec auction notification that occurs regularly as part of government borrowing operations.

Operational Impact: Minimal. The non-competitive bidding facility is an established process. Trading members already familiar with the NCB-GSec module can participate without additional setup.

Investor Impact: Provides retail and institutional investors an opportunity to invest in government securities through non-competitive route with simplified participation requirements. The Rs. 2 crore maximum limit makes it accessible for smaller investors.

Contact Information:

Impact Justification

Routine operational circular for G-sec auction bidding process through NCB-GSec module. Impacts only trading members and direct investors interested in participating in government securities auctions. No regulatory changes or compliance requirements.