Description
BSE announces non-competitive bidding facility for Government of India Treasury Bills auction on April 22, 2026, covering 91-day, 182-day, and 364-day T-Bills with total issue size of Rs. 24,000 crore.
Summary
BSE has announced the non-competitive bidding facility for the auction of Government of India Treasury Bills on April 22, 2026. The GoI will sell three Treasury Bills — 91-day, 182-day, and 364-day — with a combined issue size of Rs. 24,000 crore. Bidding is available through BSE’s NCB-GSec module on the iBBS web-based platform.
Key Points
- Three T-Bills available: 91-day (symbol: 091T220726), 182-day (symbol: 182T211026), and 364-day (symbol: 364T220427)
- Total combined issue size: Rs. 24,000 crore (12,000 + 6,000 + 6,000 crore)
- Minimum lot size: Rs. 100; minimum bid amount: Rs. 10,000
- Maximum bid amounts: Rs. 600 crore (91-day), Rs. 300 crore (182-day), Rs. 300 crore (364-day)
- Bidding platform: https://ibbs.bseindia.com » NCB-GSec module
- All three T-Bills are new issues (not reissues)
Regulatory Changes
No new regulatory changes. This circular continues the non-competitive bidding facility established under Exchange circular no. 20180423-42 dated April 26, 2018, in reference to RBI’s press release of April 17, 2026.
Compliance Requirements
- Trading members must use the NCB-GSec module of BSE’s iBBS system for placing bids
- Members must submit bids by April 22, 2026, till 8:00 am
- Direct investors must submit bids by April 21, 2026, till 5:00 pm
- For new user ID creation or password reset: user.trdops@bseindia.com / 022-2272 8005/8215
- For bidding queries: trading.ops@bseindia.com / 022-2272 8376/5626/8226
- For obligation and pay-in queries: Collaterals@icclindia.com, settlements@icclindia.com / 022-2272 8468/8704/8264
Important Dates
- April 20, 2026 (10:00 am onwards): Bid collection start date (24-hour availability)
- April 21, 2026 (till 5:00 pm): Bid collection end date for direct investors
- April 22, 2026 (till 8:00 am): Bid collection end date for members
- April 22, 2026: Auction date
- April 23, 2026: Settlement date
Impact Assessment
This is a routine government securities auction notification affecting debt market participants and trading members on BSE. The Rs. 24,000 crore combined issue size is significant for short-term government borrowing. Participants in the NCB-GSec platform should act promptly given the tight bidding window — members have until 8:00 am on auction day. No equity market impact expected; primarily relevant to fixed-income investors and debt segment trading members.
Impact Justification
Routine T-Bill auction notification relevant to debt market participants and trading members; large issue size of Rs. 24,000 crore but standard recurring auction process.