Description

BSE announces suspension of trading for three T-Bills maturing in January 2026, effective from January 27, 2026.

Summary

BSE has issued Notice No 20260123-5 announcing the suspension of trading for three Treasury Bills (T-Bills) that are approaching their redemption date. Trading members are advised not to deal with these T-Bills effective from January 27, 2026.

Key Points

  • Three T-Bills will mature and trading will be suspended
  • Suspension effective from January 27, 2026
  • Notice issued under reference DR-806/2025-2026
  • Applies to debt segment trading members

Affected Securities

Scrip CodeISINParticulars
805098IN002025Y180182TB29126
805021IN002024Z420364TB29126
805136IN002025X31591TB290126

Regulatory Changes

No regulatory changes. This is a standard operational procedure for securities approaching maturity.

Compliance Requirements

  • Trading members must cease all trading activity in the specified T-Bills from January 27, 2026
  • Members should update their systems to reflect the trading suspension
  • No new positions should be opened in these securities

Important Dates

  • Notice Date: January 23, 2026
  • Trading Suspension Date: January 27, 2026
  • Redemption Date: End of January 2026 (specific dates per security maturity)

Impact Assessment

Market Impact: Low to medium impact limited to debt market participants holding or trading these specific T-Bills. This is a routine administrative action that occurs regularly as government securities approach maturity.

Operational Impact: Trading members need to ensure they do not execute any trades in these securities after the suspension date. Members holding these T-Bills will receive redemption proceeds upon maturity as per standard settlement procedures.

Investor Impact: Investors holding these T-Bills will receive redemption at face value on the maturity date. No action required from investors as redemption is automatic.

Impact Justification

Routine suspension of T-Bills due to maturity. Affects debt market participants trading these specific securities. Standard market procedure with limited broader market impact.