Description
RBI to auction three Treasury Bills (91-day, 182-day, and 364-day) on February 04, 2026 with non-competitive bidding facility available through BSE's NCB-GSec module.
Summary
BSE has notified trading members about the upcoming auction of three Treasury Bills by the Government of India on February 04, 2026. The non-competitive bidding facility will be available through BSE’s iBBS web-based system (NCB-GSec module) for direct investors and trading members. The auction includes 91-day, 182-day, and 364-day T-Bills with a combined issue size of ₹29,000 crore.
Key Points
- Three Treasury Bills to be auctioned on February 04, 2026 through RBI
- Non-competitive bidding available via BSE’s NCB-GSec module on iBBS platform
- Total issue size: ₹29,000 crore across three tenors
- Bid collection starts February 02, 2026 at 10:00 AM (24-hour availability)
- Different bid collection deadlines for direct investors and trading members
- Minimum lot size: 100 units (₹10,000) for all three T-Bills
- Settlement on February 05, 2026
Regulatory Changes
No regulatory changes. This circular references the existing non-competitive bidding facility launched via Exchange circular no. 20180423-42 dated April 26, 2018.
Compliance Requirements
For Trading Members:
- Submit bids through NCB-GSec module at https://ibbs.bseindia.com by February 04, 2026, 8:00 AM
- Ensure compliance with minimum lot requirements and maximum amount limits
- Contact Trading Operations for new user ID creation or password reset issues
For Direct Investors:
- Submit bids by February 03, 2026, 5:00 PM
- Adhere to minimum investment of ₹10,000 and maximum limits per security type
Important Dates
- February 02, 2026, 10:00 AM: Bid collection starts
- February 03, 2026, 5:00 PM: Bid collection deadline for direct investors
- February 04, 2026, 8:00 AM: Bid collection deadline for trading members
- February 04, 2026: Auction date
- February 05, 2026: Settlement date
Security Details
| Security | Symbol | Type | Issue Size | Min Lot | Min Amount | Max Amount |
|---|---|---|---|---|---|---|
| 91 Day T-Bill | 091T070526 | New | ₹9,000 Cr | 100 | ₹10,000 | ₹450 Cr |
| 182 Day T-Bill | 182T060826 | New | ₹12,000 Cr | 100 | ₹10,000 | ₹600 Cr |
| 364 Day T-Bill | 364T040227 | New | ₹8,000 Cr | 100 | ₹10,000 | ₹400 Cr |
Contact Information
- New user ID/password reset: Trading Operations - user.trdops@bseindia.com, Tel: 022-2272 8005/8215
- Bidding queries: Trading Operations - trading.ops@bseindia.com, Tel: 022-2272 8376/5626/8226
- Obligation & Pay-in queries: ICCL Operations - Collaterals@icclindia.com, settlements@icclindia.com, Tel: 022-2272 8468/8704/8264
Impact Assessment
This is a routine treasury bill auction notification with no direct impact on equity markets or listed companies. The non-competitive bidding facility provides retail investors and trading members an opportunity to participate in government securities auctions. The circular is informational in nature, ensuring market participants are aware of the auction schedule and bidding process.
Impact Justification
Routine treasury bill auction notification with standard non-competitive bidding facility. No regulatory changes or compliance impact on listed entities.