Description

Trading suspension notice for three securities (182-day T-Bill, Sovereign Gold Bond 2018 Series, and 364-day T-Bill) maturing on redemption date, effective December 30, 2025.

Summary

BSE has issued a notice (No. 20251229-5, DR-787/2025-2026) suspending trading in three debt securities that are scheduled to mature on their redemption date. The suspension will be effective from December 30, 2025. Trading members are instructed not to deal with these securities from the suspension date onwards.

Key Points

  • Three securities will have trading suspended: 182-day T-Bill (ISIN: IN002025Y149, Scrip Code: 805086), Sovereign Gold Bond 2018 Series (ISIN: IN0020170166, Scrip Code: 800282), and 364-day T-Bill (ISIN: IN002024Z388, Scrip Code: 805009)
  • Trading suspension effective from December 30, 2025
  • Securities are maturing on their respective redemption dates
  • Notice applies to the Debt segment of BSE
  • Trading members must cease all dealing activities in these securities from the suspension date

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 three mentioned securities (scrip codes 805086, 800282, and 805009) from December 30, 2025
  • Trading members are required to take note of the suspension and ensure compliance across their trading desks
  • All dealing activities in these T-Bills and the Sovereign Gold Bond must cease as per the notice

Important Dates

  • Notice Date: December 29, 2025
  • Trading Suspension Effective Date: December 30, 2025
  • Maturity/Redemption Date: As scheduled for each security (specific dates not mentioned in circular)

Impact Assessment

Market Impact: Limited and localized to holders of these specific debt instruments. The suspension is a routine procedure for maturing securities and does not indicate any market disruption.

Operational Impact: Trading members holding positions or handling client orders in these three securities must ensure no new transactions are processed from December 30, 2025. This is standard end-of-life procedure for debt instruments and should not cause operational challenges as members are given advance notice.

Investor Impact: Investors holding these securities will receive redemption proceeds as per normal maturity procedures. No action required from investors beyond awaiting redemption settlement.

Impact Justification

Routine trading suspension for maturing debt securities. Affects specific T-Bill and gold bond holders but is standard market procedure with clear advance notice.