Description

BSE notifies trading members of suspension of trading in three T-Bills (182-day, 364-day, and 91-day) effective March 10, 2026, as they reach their redemption date.

Summary

BSE has issued a notice informing trading members that three Treasury Bills (T-Bills) are maturing on their respective redemption dates and trading in these instruments will be suspended effective March 10, 2026. The affected T-Bills include a 182-day, a 364-day, and a 91-day T-Bill.

Key Points

  • Three T-Bills are maturing and trading in them will be suspended from March 10, 2026
  • Scrip Code 805116 (ISIN: IN002025Y248) — 182TB12326 (182-day T-Bill)
  • Scrip Code 805039 (ISIN: IN002024Z487) — 364TB12326 (364-day T-Bill)
  • Scrip Code 805154 (ISIN: IN002025X372) — 91TB120326 (91-day T-Bill)
  • Reference: DR-836/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance & Operations

Regulatory Changes

No new regulatory changes. This is a standard operational notice under existing BSE rules governing the suspension of trading in debt instruments upon maturity.

Compliance Requirements

  • Trading members must not deal in the three listed T-Bills with effect from March 10, 2026
  • Members are advised to update their systems and desk instructions to reflect the suspension

Important Dates

  • March 9, 2026: Circular issued
  • March 10, 2026: Suspension of trading effective date for all three T-Bills
  • March 12–13, 2026: Redemption dates for the respective T-Bills (as indicated by scrip names 182TB12326, 364TB12326, 91TB120326)

Impact Assessment

This is a routine, low-disruption event in the debt segment. Trading members holding or actively trading these T-Bills must cease transactions by end of day March 9, 2026. The suspension is a standard pre-redemption measure to ensure orderly settlement. No broader market impact is anticipated beyond the affected instruments.

Impact Justification

Routine suspension of maturing T-Bills affecting debt segment traders; operationally significant for holders but standard market procedure.