Description

BSE suspends trading in two T-Bills (182T251225 and 91TB251225) effective December 22, 2025, due to their maturity on December 25, 2025.

Summary

BSE has issued a notice suspending trading in two Treasury Bills (T-Bills) effective December 22, 2025, as they are scheduled to mature on December 25, 2025. The suspended T-Bills are 182T251225 (ISIN: IN002025Y131) and 91TB251225 (ISIN: IN002025X265). Trading members are advised not to execute any transactions in these instruments from the suspension date.

Key Points

  • Two T-Bills will be suspended from trading on December 22, 2025
  • 182-day T-Bill with ISIN IN002025Y131 (Scrip Code: 805083)
  • 91-day T-Bill with ISIN IN002025X265 (Scrip Code: 805121)
  • Redemption/maturity date: December 25, 2025
  • Notice reference: DR-782/2025-2026
  • Trading members must not deal in these T-Bills from the effective date

Regulatory Changes

No regulatory changes. This is a standard operational notice for suspension of trading prior to instrument maturity.

Compliance Requirements

  • Trading members must cease all trading activities in the mentioned T-Bills from December 22, 2025
  • Members should ensure their systems are updated to prevent inadvertent trading in these instruments
  • No new positions should be created in these T-Bills after the suspension date

Important Dates

  • December 19, 2025: Notice issued
  • December 22, 2025: Trading suspension effective date
  • December 25, 2025: Redemption/maturity date for both T-Bills

Impact Assessment

Market Impact: Minimal. This is a routine suspension of trading in maturing debt instruments. T-Bills have predetermined maturity schedules, and suspension prior to redemption is standard market practice.

Operational Impact: Limited to holders of these specific T-Bills. Investors holding these instruments will receive redemption proceeds on the maturity date. No impact on other debt market segments or equity markets.

Investor Impact: Only affects investors holding positions in these two specific T-Bills. They should prepare for redemption and plan for reinvestment of proceeds if needed.

Impact Justification

Routine suspension of trading in T-Bills prior to maturity date. Affects only two specific debt instruments with predetermined maturity schedules. No broader market impact.