Description
BSE suspends trading in three securities including 182-day T-Bill, 364-day T-Bill, and Sovereign Gold Bond 2018 Series effective December 30, 2025 due to upcoming maturity.
Summary
BSE has issued a notice (DR-787/2025-2026) suspending trading in three debt securities effective December 30, 2025, due to their upcoming redemption on the maturity date. The affected securities include two Treasury Bills (182-day and 364-day tenors) and one Sovereign Gold Bond from 2018 Series.
Key Points
- Three securities suspended from trading: 182TB10126, Sovereign Gold Bond 2018 Series, and 364TB010126
- Trading suspension effective from December 30, 2025
- Suspension reason: Securities reaching maturity/redemption date
- Trading members advised not to deal in these instruments from the suspension date
- Notice number: DR-787/2025-2026
Regulatory Changes
No new regulatory changes introduced. This is a standard operational notice for securities approaching maturity.
Compliance Requirements
- Trading members must not execute any trades in the specified securities from December 30, 2025
- Members should update their trading systems to prevent inadvertent trading in suspended securities
- Internal compliance teams should note the suspension for monitoring purposes
Important Dates
- Notice Date: December 29, 2025
- Trading Suspension Effective Date: December 30, 2025
- Redemption/Maturity Date: As per respective security terms
Affected Securities Details
| Sr. No. | Scrip Code | ISIN | Security Name |
|---|---|---|---|
| 1 | 805086 | IN002025Y149 | 182TB10126 (182-day Treasury Bill) |
| 2 | 800282 | IN0020170166 | Sovereign Gold Bond 2018 Series |
| 3 | 805009 | IN002024Z388 | 364TB010126 (364-day Treasury Bill) |
Impact Assessment
Market Impact: Low to medium. This is a routine administrative action affecting the debt market segment. The suspension of these specific T-Bills and one Sovereign Gold Bond will have minimal impact on overall market liquidity as this is standard procedure for maturing securities.
Operational Impact: Trading members dealing in debt securities need to update their systems and ensure no trades are executed in these instruments from December 30, 2025. Investors holding these securities will receive redemption proceeds as per normal maturity procedures.
Investor Impact: Investors holding these securities should expect redemption at maturity. No trading opportunity available from suspension date onwards.
Impact Justification
Routine trading suspension for maturing debt instruments affecting three securities. Standard market procedure with limited broader market impact.