Description

BSE announces non-competitive bidding facility for RBI auction of two Government of India dated securities (6.68% GS 2040 and 6.90% GS 2065) totaling Rs. 29,000 crores on February 06, 2026.

Summary

BSE has announced the availability of non-competitive bidding facility for trading members and direct investors to participate in the RBI auction of two Government of India dated securities scheduled for February 06, 2026. The auction will offer Rs. 16,000 crores of 6.68% GS 2040 (re-issue) and Rs. 13,000 crores of 6.90% GS 2065 (re-issue). Bidding will be conducted through BSE’s iBBS web-based NCB-GSec module.

Key Points

  • Two G-Secs available for auction: 6.68% GS 2040 (Symbol: 668GS40F26) and 6.90% GS 2065 (Symbol: 690GS65F26)
  • Total issue size: Rs. 29,000 crores (Rs. 16,000 cr + Rs. 13,000 cr)
  • Both securities are re-issues with minimum subscription units of 100 and face value of Rs. 10,000
  • Minimum bid amount: Rs. 10,000; Maximum bid amount: Rs. 2 crores per security
  • Bidding platform: iBBS web-based system NCB-GSec module (https://ibbs.bseindia.com)
  • Reference to RBI press release dated February 02, 2026 and BSE circular no. 20180423-42 dated April 23, 2018

Regulatory Changes

No new regulatory changes introduced. This circular refers to the existing non-competitive bidding facility launched through BSE circular no. 20180423-42 dated April 23, 2018.

Compliance Requirements

  • Trading members must submit bids through BSE’s iBBS NCB-GSec module within specified timelines
  • Members must ensure compliance with minimum and maximum bid amounts
  • Obligations and pay-in requirements must be fulfilled as per settlement schedule
  • For new user ID creation or password reset, members should contact Trading Operations

Important Dates

  • Bid Collection Start: February 03, 2026 from 10:00 AM onwards (24-hour availability)
  • Bid Collection End (Trading Members): February 06, 2026 till 8:00 AM
  • Bid Collection End (Direct Investors): February 05, 2026 till 5:00 PM
  • Auction Date: February 06, 2026
  • Settlement Date: February 09, 2026

Impact Assessment

Low market impact. This is a routine operational circular facilitating participation in standard government securities auctions. The non-competitive bidding facility provides retail and institutional investors access to G-sec auctions through BSE’s platform. The circular provides procedural information and contact details for technical and operational support. No changes to existing market structure or trading rules.

Impact Justification

Routine procedural circular for G-sec auction participation through non-competitive bidding facility. No new regulatory changes or market-wide impact - standard auction process notification.