Listing of New Treasury Bills (T-Bills) - November 28, 2025

Description

Three new Treasury Bills with maturities ranging from 91 to 364 days will be listed on BSE Debt Market segment effective November 28, 2025.

Summary

BSE announces the listing of three new Treasury Bills (T-Bills) effective November 28, 2025, in the G GROUP - DEBT INSTRUMENTS category. The T-Bills have tenors of 91 days, 182 days, and 364 days with maturity dates in February 2026, May 2026, and November 2026 respectively.

Key Points

• Three T-Bills to be listed on November 28, 2025
• All securities will be part of G GROUP - DEBT INSTRUMENTS
• Market lot size is 1 for all three instruments
• Trading will cease two working days prior to maturity date
• Securities will not be available for trading on T-2 (excluding bank holidays)

Regulatory Changes

No regulatory changes. This is a standard listing announcement.

Compliance Requirements

• Trading members must note the listing details and ISIN codes
• Members must ensure trading is halted two working days before maturity/redemption date
• Clarifications can be sought by contacting BSE at 2272 8352/5753/8597

Important Dates

• Listing Date: November 28, 2025
• 91-Day T-Bill (Scrip 805148) Maturity: February 26, 2026
• 182-Day T-Bill (Scrip 805149) Maturity: May 28, 2026
• 364-Day T-Bill (Scrip 805150) Maturity: November 26, 2026
• Trading Cessation: T-2 (two working days before respective maturity dates)

Impact Assessment

Minimal market impact as this is a routine government securities listing. The listing provides debt market participants with additional short-term government investment options across three different tenors. Trading members dealing in debt instruments need to update their systems with the new scrip codes and ISINs. The staggered maturity dates (February, May, and November 2026) offer investors flexibility in liquidity planning.

Details of Listed Securities

Impact Justification

Routine listing of government treasury bills with standard terms; affects only debt market participants trading in government securities