Description

Trading suspension for three T-Bills maturing in January 2026, effective from January 12, 2026.

Summary

BSE has announced the suspension of trading in three Treasury Bills (T-Bills) that are scheduled to mature in January 2026. Trading Members are instructed not to deal in these securities effective from January 12, 2026. This is a routine pre-maturity trading suspension.

Key Points

  • Three T-Bills will be suspended from trading effective January 12, 2026
  • Suspension applies to: 364TB15126 (ISIN: IN002024Z404, Scrip: 805015), 182TB15126 (ISIN: IN002025Y164, Scrip: 805092), and 91TB150126 (ISIN: IN002025X299, Scrip: 805130)
  • Trading Members must cease all dealings in these T-Bills from the effective date
  • Circular reference: DR-796/2025-2026

Regulatory Changes

No new regulatory changes introduced. This is a standard operational notice for T-Bill maturity procedures.

Compliance Requirements

  • Trading Members must not execute any trades in the specified T-Bills from January 12, 2026
  • Members should update their trading systems to reflect the suspension of these securities
  • Ensure client communications regarding the unavailability of these T-Bills for trading

Important Dates

  • Notice Date: January 9, 2026
  • Trading Suspension Effective Date: January 12, 2026
  • Redemption Date: January 15, 2026 (for all three T-Bills)

Impact Assessment

Market Impact: Limited impact as this is a routine suspension ahead of T-Bill maturity. Investors holding these securities will receive redemption proceeds on the maturity date.

Operational Impact: Debt segment trading members need to ensure their systems are updated to prevent inadvertent trading in these securities. The suspension affects three T-Bills with tenors of 91-day, 182-day, and 364-day respectively.

Investor Impact: Holders of these T-Bills should expect normal redemption process. No trading allowed for position adjustments after January 12, 2026.

Impact Justification

Routine suspension of T-Bills trading ahead of maturity; affects debt segment participants dealing with these specific securities