Description

Trading suspended for three T-bills and one Sovereign Gold Bond maturing on December 4, 2025, effective December 2, 2025.

Summary

BSE has announced the suspension of trading for three Treasury bills and one Sovereign Gold Bond effective December 2, 2025, due to their maturity on the redemption date. Trading members are instructed not to deal in these securities from the suspension date.

Key Points

  • Four debt securities will have trading suspended from December 2, 2025
  • Suspension is due to maturity/redemption on December 4, 2025
  • Includes three T-bills: 182-day, 364-day, and 91-day tenors
  • Also includes Sovereign Gold Bond 2017 Series
  • Notice reference: DR-768/2025-2026

Affected Securities

Scrip CodeISINParticulars
805074IN002025Y107182T041225 (182-day T-bill)
804997IN002024Z347364TB41225 (364-day T-bill)
805112IN002025X23291TB041225 (91-day T-bill)
800278IN0020170125Sovereign Gold Bond 2017 Series

Compliance Requirements

  • Trading members must not execute any trades in the listed securities from December 2, 2025
  • Members should update their systems to prevent inadvertent trading in these securities
  • All trading members are required to take note of this suspension

Important Dates

  • Notice Date: December 1, 2025
  • Trading Suspension Effective Date: December 2, 2025
  • Maturity/Redemption Date: December 4, 2025 (implied)

Impact Assessment

Market Impact: Medium - Affects liquidity in specific debt securities but is a routine procedure for maturing instruments.

Operational Impact: Low - Standard process for securities approaching maturity. Trading members should have existing procedures to handle such suspensions.

Investor Impact: Low to Medium - Investors holding these securities should be aware they cannot trade them in the secondary market after December 1, 2025, and will receive redemption proceeds upon maturity.

Impact Justification

Routine trading suspension for maturing debt securities with limited market-wide impact, affecting only specific T-bills and one gold bond.