Description
BSE announces non-competitive bidding facility for three Government of India Treasury Bills (91-day, 182-day, 364-day) to be auctioned on May 06, 2026, with bidding available via BSE's iBBS NCB-GSec module.
Summary
BSE has announced the non-competitive bidding facility for three Treasury Bills to be auctioned by the Reserve Bank of India (RBI) on May 06, 2026, on behalf of the Government of India. Trading members and direct investors can participate through BSE’s iBBS web-based platform via the NCB-GSec module. This notice is issued in continuation of Exchange circular no. 20180423-42 dated April 26, 2018, which launched the non-competitive bidding facility for Government Securities auctions.
Key Points
- Three Treasury Bills are up for auction: 91-day, 182-day, and 364-day T-Bills
- Bidding is available on the BSE iBBS platform at https://ibbs.bseindia.com under the NCB-GSec module
- Bid collection begins May 04, 2026, at 10:00 am (24-hour availability)
- Separate bid collection deadlines apply for direct investors and trading members
- All three T-Bills are new issuances (not reissuances)
- Minimum lot size is Rs. 100 for all three securities; minimum bid amount is Rs. 10,000
Regulatory Changes
No new regulatory changes introduced. This circular operates under the existing non-competitive bidding framework established by Exchange circular no. 20180423-42 dated April 26, 2018, and is triggered by the RBI press release dated April 30, 2026.
Compliance Requirements
- Trading members must use the NCB-GSec module on BSE’s iBBS platform to place bids
- Members must submit bids by May 06, 2026, till 8:00 am
- Direct investors must submit bids by May 05, 2026, till 5:00 pm
- Minimum bid amount of Rs. 10,000 must be adhered to, in multiples of Rs. 100
- Maximum bid amounts apply per security (see security details below)
Important Dates
| Event | Date/Time |
|---|---|
| Bid Collection Start | May 04, 2026, from 10:00 am (24-hour availability) |
| Bid Collection End (Direct Investors) | May 05, 2026, till 5:00 pm |
| Bid Collection End (Members) | May 06, 2026, till 8:00 am |
| Auction Date | May 06, 2026 |
| Settlement Date | May 07, 2026 |
Impact Assessment
Securities Available for Bidding:
| Security | Symbol | Type | Issue Size (Cr) | Min Lot | Min Amt (Rs.) | Max Amt (Cr) |
|---|---|---|---|---|---|---|
| 91 Day T-Bill | 091T050826 | T-Bills (New) | 12,000 | 100 | 10,000 | 600 |
| 182 Day T-Bill | 182T041126 | T-Bills (New) | 6,000 | 100 | 10,000 | 300 |
| 364 Day T-Bill | 364T060527 | T-Bills (New) | 6,000 | 100 | 10,000 | 300 |
Total auction size is Rs. 24,000 crore across three maturities. This is a routine government borrowing operation with no significant market disruption expected. Trading members and retail/institutional direct investors participating in short-term debt instruments should take note of the tight bid submission window, particularly the 8:00 am deadline for members on auction day.
Contact Information:
- New user ID / password reset: Trading Operations — user.trdops@bseindia.com | 022-2272 8005/8215
- Bidding queries: Trading Operations — trading.ops@bseindia.com | 022-2272 8376/5626/8226
- Obligation & Pay-in queries: ICCL Operations — Collaterals@icclindia.com, settlements@icclindia.com | 022-2272 8468/8704/8264
Impact Justification
Routine periodic notification for T-Bill auction participation via NCB facility; relevant to debt market trading members and direct investors but limited to a specific auction event with defined short-term timelines.