Non-Competitive Bidding for Auction of GoI Dated Securities (G-Secs) on April 17, 2026

Wed, 15 Apr 2026 05:14:04 +0000

Summary

BSE has notified trading members of the non-competitive bidding facility for the auction of two Government of India (GoI) dated securities on April 17, 2026. This follows a press release by RBI on April 13, 2026, announcing the sale of two dated securities through auction. Bidding is facilitated through the NCB-GSec module of BSE’s iBBS web-based system.

Key Points

Two GoI dated G-Secs are available for non-competitive bidding: 6.36% GS 2031 and 6.90% GS 2065
Bidding is conducted via BSE’s iBBS platform (https://ibbs.bseindia.com) under the NCB-GSec module
This notice is in continuation of Exchange circular no. 20180423-42 dated April 23, 2018, which launched the non-competitive bidding facility for RBI Government Securities auctions
Minimum subscription is 100 units with a minimum amount of Rs. 10,000 for both securities
Settlement is scheduled for April 20, 2026

Regulatory Changes

No new regulatory changes introduced. This circular operationalises the existing non-competitive bidding framework (established via circular 20180423-42 dated April 23, 2018) for the specific April 17, 2026 auction announced by RBI.

Compliance Requirements

Trading members must use the NCB-GSec module on BSE’s iBBS platform (https://ibbs.bseindia.com) to place bids
Members must submit bids by April 17, 2026, till 8:00 am
Direct investors must submit bids by April 16, 2026, till 5:00 pm
For new user ID creation or password reset, contact Trading Operations: user.trdops@bseindia.com / 022-2272-8005/8215
For bidding-related queries, contact Trading Operations: 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

Event	Date/Time
Bid Collection Start	April 15, 2026, from 10:00 am (24-hour availability)
Bid Collection End (Members)	April 17, 2026, till 8:00 am
Bid Collection End (Direct Investors)	April 16, 2026, till 5:00 pm
Auction Date	April 17, 2026
Settlement Date	April 20, 2026

Impact Assessment

Securities Available for Bidding:

Security	Symbol	Type	Issue Size	Min Sub. Units	Min Amt
6.36% GS 2031	636GS31A26	G-Sec (Re-issue)	Rs. 21,000 Cr	100	Rs. 10,000
6.90% GS 2065	690GS65A26	G-Sec (Re-issue)	Rs. 11,000 Cr	100	Rs. 10,000

This is a routine operational notice with moderate impact limited to trading members and direct investors participating in RBI’s G-sec auctions via the BSE platform. The combined issue size of Rs. 32,000 Cr across both securities is significant from a debt market liquidity perspective. Members looking to invest in sovereign debt instruments should act before the respective bid collection deadlines.