Description
NSE suspends trading in 16 government securities including T-Bills, Government Securities and State Government Bonds due to upcoming redemptions between September 2-23, 2025.
Summary
NSE has announced the suspension of trading in 16 government securities including Treasury Bills (T-Bills), Government Securities (GS), and State Government Bonds (SG) due to their upcoming redemption dates. The suspensions will take effect from September 2, 2025 to September 23, 2025.
Key Points
- 16 government securities will be suspended from trading due to redemption
- Securities include 9 Treasury Bills, 6 Government Securities, and 1 State Government Bond
- Suspensions effective from respective suspension dates between September 2-23, 2025
- Action taken under Regulation 3.1.2 of NSE Capital Market Trading Regulations Part A
- All suspensions are due to redemption of the securities
Regulatory Changes
No new regulatory changes introduced. This is a routine suspension under existing NSE Capital Market Trading Regulations Part A, Regulation 3.1.2.
Compliance Requirements
- Market participants must cease trading in the specified securities from their respective suspension dates
- Members should update their trading systems to reflect the suspended securities
- No trading activity permitted in these securities post suspension dates
Important Dates
- September 2, 2025: Suspension of 91D040925, 182D040925, 364D040925 (T-Bills)
- September 4, 2025: Suspension of GS090925C (Government Security)
- September 9, 2025: Suspension of 91D110925, 182D110925, 364D110925 (T-Bills)
- September 11, 2025: Suspension of GS150925C (Government Security)
- September 12, 2025: Suspension of 605AS25 (State Government Bond)
- September 16, 2025: Suspension of 91D180925, 182D180925 (T-Bills)
- September 18, 2025: Suspension of GS200925C (Government Security)
- September 22, 2025: Suspension of 82GS2025 (Government Security)
- September 23, 2025: Suspension of 91D250925, 597GS2025, 182D250925 (T-Bills and Government Security)
Impact Assessment
Market Impact: Medium - affects debt market liquidity as multiple government securities become untradeable. However, this is routine market activity due to natural redemption cycle.
Operational Impact: Low to Medium - market participants need to adjust portfolios and trading strategies around these suspensions, but such events are planned and expected in government securities trading.
Investor Impact: Low - investors holding these securities will receive redemption proceeds as per terms, while those looking to trade will need alternative instruments.
Impact Justification
Routine suspension of government securities due to redemption affects debt market participants but follows standard procedures