Description

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

Summary

BSE has notified trading members that three Treasury Bills (T-Bills) are maturing on their respective redemption dates and must not be traded effective March 10, 2026. The affected instruments include a 182-day T-Bill, a 364-day T-Bill, and a 91-day T-Bill listed on the Debt Market Segment.

Key Points

  • Trading in three T-Bills is suspended with effect from March 10, 2026
  • The suspension is due to maturity/redemption of the instruments
  • Scrip codes affected: 805116 (182TB12326), 805039 (364TB12326), and 805154 (91TB120326)
  • Notice reference: DR-836/2025-2026
  • Trading members are advised not to deal in these T-Bills from the effective date

Regulatory Changes

No new regulatory changes introduced. This is a standard operational notice under existing BSE procedures for T-Bill maturity and redemption.

Compliance Requirements

  • Trading members must cease all dealings in the three listed T-Bills with effect from March 10, 2026
  • Members must update their systems to prevent any transactions in scrip codes 805116, 805039, and 805154 from the effective date

Important Dates

  • Notice Date: March 9, 2026
  • Suspension Effective Date: March 10, 2026 (no trading allowed from this date)
  • Redemption Date: March 12–13, 2026 (implied by T-Bill names: 182TB12326, 364TB12326, 91TB120326)

Impact Assessment

This is a routine, low-disruption event. The three T-Bills are maturing as scheduled, and the trading suspension is a standard administrative step. Impact is limited to trading members holding or intending to trade these specific instruments on the BSE Debt Market Segment. Holders will receive redemption proceeds on the maturity date. No broader market or systemic impact is anticipated.

Impact Justification

Routine maturity-based trading suspension for three T-Bills; affects debt segment participants but is a standard operational notice with no broader market disruption.