Description

BSE suspends trading in three T-Bills (182-day, 364-day, and 91-day) effective January 6, 2026 due to upcoming maturity on the redemption date.

Summary

BSE has issued Notice No. 20260105-3 (DR-792/2025-2026) suspending trading in three Treasury Bills effective January 6, 2026. The suspension applies to specific T-Bills that will mature on their respective redemption dates. Trading members are advised not to deal in these securities from the effective date.

Key Points

  • Three T-Bills will be suspended from trading effective January 6, 2026
  • Suspension is due to approaching maturity/redemption dates
  • Trading members must cease dealing in these specific securities
  • Notice issued under Corporate Actions category for Debt segment

Affected Securities

Scrip CodeISINParticulars
805089IN002025Y156182TB80126 (182-day T-Bill)
805012IN002024Z396364TB80126 (364-day T-Bill)
805127IN002025X28191TB080126 (91-day T-Bill)

Compliance Requirements

  • Trading members must not execute any trades in the three specified T-Bills from January 6, 2026 onwards
  • Members should update their trading systems to prevent inadvertent transactions in these securities
  • Ensure clients are informed about the suspension if they hold positions in these T-Bills

Important Dates

  • Notice Date: January 5, 2026
  • Trading Suspension Effective Date: January 6, 2026
  • Maturity/Redemption Date: On or around January 6, 2026 (implied)

Impact Assessment

This is a routine operational measure with limited market impact. The suspension affects only debt market participants holding or trading these specific T-Bills. Investors holding these securities will receive redemption proceeds at maturity as per normal settlement procedures. No action required for holders beyond redemption. Market liquidity in the T-Bill segment remains unaffected for other actively traded securities.

Impact Justification

Routine suspension of T-Bills near maturity affects debt market participants but is a standard operational procedure with limited broader market impact