Description

BSE announces non-competitive bidding facility for auction of two Government of India dated securities (6.01% GS 2030 and New GS 2076) scheduled for January 16, 2026, with total issue size of Rs. 31,000 crores.

Summary

BSE has announced the availability of non-competitive bidding facility for the auction of two Government of India dated securities scheduled for January 16, 2026. The auction includes 6.01% GS 2030 (re-issue of Rs. 18,000 crores) and New GS 2076 (re-issue of Rs. 13,000 crores). Trading members can participate through the NCB-GSec module of BSE’s iBBS web-based system.

Key Points

  • Two G-secs available for auction: 6.01% GS 2030 (Rs. 18,000 cr) and New GS 2076 (Rs. 13,000 cr)
  • Both securities are re-issues with minimum subscription units of 100 and multiples thereof
  • Minimum bidding amount: Rs. 10,000; Maximum: Rs. 2 crores per security
  • Bidding through NCB-GSec module on BSE’s iBBS platform at https://ibbs.bseindia.com
  • Reference to RBI press release dated January 12, 2026 and BSE circular no. 20180423-42 dated April 23, 2018

Regulatory Changes

No new regulatory changes. This circular operationalizes the existing non-competitive bidding facility for G-sec auctions as per the framework established in BSE circular dated April 23, 2018.

Compliance Requirements

Trading members wishing to participate must:

  • Submit bids through the NCB-GSec module of BSE’s iBBS web-based system
  • Adhere to minimum and maximum bidding limits (Rs. 10,000 to Rs. 2 crores per security)
  • Follow specified bid collection timelines for members and direct investors
  • Contact appropriate teams for user ID creation, password reset, bidding queries, or settlement-related issues

Important Dates

  • January 13, 2026, 10:00 am: Bid collection starts (24-hour availability)
  • January 15, 2026, 5:00 pm: Bid collection end for direct investors
  • January 16, 2026, 8:00 am: Bid collection end for trading members
  • January 16, 2026: Auction date
  • January 19, 2026: Settlement date

Impact Assessment

This is a routine operational notice for debt market participants. The circular facilitates access to G-sec auctions for trading members and investors through the non-competitive bidding route. No impact on equity markets or broader market operations. The notice provides procedural guidance and contact information for technical and settlement queries.

Impact Justification

Operational notice for debt market participants regarding routine G-sec auction process. No regulatory changes or broad market impact. Relevant only to trading members participating in government securities auctions.