BSE has notified trading members of the non-competitive bidding facility for the Government of India’s Treasury Bills auction on April 15, 2026. The auction, announced by RBI via a press release on April 10, 2026, covers three new T-Bill issuances — 91-day, 182-day, and 364-day — with a combined notified issue size of Rs. 30,000 crore. Members can participate through the NCB-GSec module on BSE’s iBBS platform.

Key Points

• Three new Treasury Bills are being auctioned: 91-day (091T150726), 182-day (182T141026), and 364-day (364T150427)
• Total issue size: Rs. 30,000 crore (Rs. 12,000 Cr each for 91-day and 182-day; Rs. 6,000 Cr for 364-day)
• Minimum lot size is Rs. 100 with a minimum bid amount of Rs. 10,000
• Maximum bid amount is Rs. 600 crore for 91-day and 182-day T-Bills, and Rs. 300 crore for the 364-day T-Bill
• Bidding is available on the BSE iBBS platform at https://ibbs.bseindia.com via the NCB-GSec module
• This notice is in continuation of Exchange circular no. 20180423-42 dated April 26, 2018

Regulatory Changes

No new regulatory changes introduced. This is a routine operational notice under the existing non-competitive bidding framework established via circular 20180423-42 (April 26, 2018), which launched the non-competitive bidding facility for RBI-conducted Government Securities auctions.

Compliance Requirements

• Trading members wishing to participate must access the NCB-GSec module on BSE’s iBBS web-based system
• Members must submit bids before April 15, 2026, 8:00 am
• Direct investors must submit bids before April 14, 2026, 5:00 pm
• For new user ID creation or password reset, contact Trading Operations: user.trdops@bseindia.com / 022-2272 8005/8215
• For bidding queries, contact: trading.ops@bseindia.com / 022-2272 8376/5626/8226
• For obligation and pay-in queries, contact ICCL Operations: Collaterals@icclindia.com / settlements@icclindia.com / 022-2272 8468/8704/8264

Important Dates

Impact Assessment

This is a standard operational notice for debt market participants. Trading members and direct investors who wish to participate in GoI Treasury Bill auctions through BSE’s non-competitive bidding route must act promptly given the tight bidding window. The auction involves a significant aggregate notional value of Rs. 30,000 crore across three T-Bill maturities, making it relevant to institutional participants managing short-duration government securities exposure. No market-wide disruption or rule change is involved; impact is limited to members utilizing the NCB-GSec facility.