Description
BSE announces suspension of trading in Sovereign Gold Bond 2017 Series VII (SGBNOV25) effective November 11, 2025 due to maturity on redemption date.
Summary
BSE has issued a circular suspending trading in Sovereign Gold Bond 2017 Series VII (ISIN: IN0020170091, Scrip Code: 800275) effective November 11, 2025. The suspension is due to the bond reaching its maturity date. Trading members are advised not to deal in this government bond from the effective date.
Key Points
- Sovereign Gold Bond 2017 Series VII (SGBNOV25) will mature on its redemption date
- Scrip Code: 800275
- ISIN: IN0020170091
- Trading suspension effective from November 11, 2025
- Circular reference: DR-753/2025-2026
- Issued by Marian Dsouza, Assistant Vice President – Listing Compliance & Operations
Regulatory Changes
No regulatory changes. This is a standard operational notice for bond maturity.
Compliance Requirements
- Trading members must cease all trading activities in the specified sovereign gold bond from November 11, 2025
- Members should not accept any fresh orders or execute trades in this security
- Existing positions should be managed in accordance with maturity and redemption procedures
Important Dates
- Notice Date: November 10, 2025
- Trading Suspension Date: November 11, 2025
- Maturity/Redemption Date: As per bond terms (November 2025)
Impact Assessment
The impact is limited to holders and traders of this specific sovereign gold bond series. This is a routine maturity event affecting a single debt instrument. Investors holding the bond will receive redemption proceeds as per the sovereign gold bond scheme terms, which typically includes the prevailing market price of gold plus any applicable interest. No broader market disruption is expected.
Impact Justification
Routine suspension of a single government bond series due to maturity. Limited market impact as it affects only one specific sovereign gold bond series reaching redemption.