Description
BSE notifies trading members of the suspension of trading in four T-Bills (GS19MAR2026, 364TB19326, 182TB19326, 91TB190326) effective March 16, 2026, as they are set to mature on their respective redemption dates.
Summary
BSE has informed trading members that four Treasury Bills (T-Bills) will mature on their respective redemption dates and trading in these instruments must cease effective March 16, 2026. The affected securities include a Government Security and three Treasury Bills across 91-day, 182-day, and 364-day tenures.
Key Points
- Trading in four T-Bills is suspended effective March 16, 2026
- The suspension applies as these instruments are maturing on their redemption date
- Reference: DR-840/2025-2026
- Trading members are advised not to deal in these T-Bills from the effective date
- Circular issued by Marian Dsouza, Assistant Vice President – Listing Compliance & Operations
Regulatory Changes
No new regulatory changes introduced. This is a standard operational notice under existing BSE framework governing maturity-driven trading suspensions for debt instruments.
Compliance Requirements
- Trading members must cease all dealings in the four listed T-Bills with effect from March 16, 2026
- Members should update their systems to reflect the suspension of these scrip codes
Important Dates
- March 13, 2026 – Circular issuance date
- March 16, 2026 – Effective date for suspension of trading
- March 19, 2026 – Redemption/maturity date for all four T-Bills
Impact Assessment
| Scrip Code | ISIN | Instrument |
|---|---|---|
| 800495 | IN000326C040 | GS19MAR2026 |
| 805042 | IN002024Z495 | 364TB19326 |
| 805119 | IN002025Y255 | 182TB19326 |
| 805157 | IN002025X380 | 91TB190326 |
Impact is limited to holders and traders of these specific short-term government debt instruments. As these are maturing securities, the suspension is expected and poses no systemic risk. Members holding these instruments will receive redemption proceeds on March 19, 2026.
Impact Justification
Routine maturity-driven trading suspension affecting four T-Bills; operationally significant for holders but limited broader market impact.