Description

BSE suspends trading in T-bill GS15DEC25C (ISIN: IN001225C050, Scrip Code: 800353) effective December 11, 2025 due to maturity on December 15, 2025.

Summary

BSE has issued a notice suspending trading in a government treasury bill (T-bill) with ISIN IN001225C050 and Scrip Code 800353, designated as GS15DEC25C, effective December 11, 2025. The suspension is due to the T-bill reaching its redemption/maturity date on December 15, 2025. Trading members are advised to cease all transactions in this security from the specified date.

Key Points

  • Trading suspension effective from December 11, 2025
  • Affected security: T-bill GS15DEC25C (Scrip Code: 800353, ISIN: IN001225C050)
  • Reason: Security maturing on redemption date (December 15, 2025)
  • Reference number: DR-775/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance & Operations

Regulatory Changes

No new regulatory changes introduced. This is a standard operational procedure for securities approaching maturity.

Compliance Requirements

  • Trading members must not execute any deals in the aforementioned T-bill from December 11, 2025 onwards
  • Members are required to take note of the suspension and ensure compliance with the trading restriction
  • All debt segment participants must update their trading systems accordingly

Important Dates

  • December 10, 2025: Notice issued
  • December 11, 2025: Trading suspension becomes effective
  • December 15, 2025: T-bill maturity/redemption date

Impact Assessment

The impact of this circular is limited and routine in nature. It affects only a single government security reaching its natural maturity date. Trading members holding positions in this T-bill would have been aware of the maturity date and should have planned accordingly. This is standard market practice for debt securities approaching redemption, ensuring orderly settlement and preventing trading in securities that are about to cease to exist. No systemic market impact is expected.

Impact Justification

Routine administrative action for maturing T-bill affecting single government security with predetermined maturity date. No broader market impact.