668GS40A26 - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/stocks/668gs40a26/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usWed, 29 Apr 2026 00:00:00 +0000Non-Competitive Bidding for Auction of GoI Dated Securities (G-Secs) on April 30, 2026https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-29-805204bcba79eb8f-non-competitive-bidding-for-auction-of-goi-dated-securities-g-secs-on-april-30-2/Wed, 29 Apr 2026 04:07:20 +0000https://rhnvrm.github.io/stock-market-circulars/circulars/bse/2026/bse-2026-04-29-805204bcba79eb8f-non-competitive-bidding-for-auction-of-goi-dated-securities-g-secs-on-april-30-2/BSE announces non-competitive bidding facility for two Government of India dated securities (6.68% GS 2040 and 7.43% GS 2076) to be auctioned on April 30, 2026, with settlement on May 4, 2026.bsetradingmediummediummedium805204bcba79eb8fhttps://www.bseindia.com/downloads/UploadDocs/Notices/20260429-1/20260429-1.pdf668GS40A26743GS76A26non-competitive-biddinggovernment-securitiesg-secdebtauctionrbitrading-operationsibbsncb-gsecSummary

BSE has announced the non-competitive bidding facility for two Government of India (GoI) dated securities to be auctioned on April 30, 2026, in continuation of Exchange circular no. 20180423-42 dated April 23, 2018. Trading members and direct investors can participate through the NCB-GSec module of BSE’s iBBS web-based system. The auction follows an RBI press release dated April 27, 2026.

Key Points

  • Two G-Sec re-issues are available for non-competitive bidding: 6.68% GS 2040 (symbol: 668GS40A26) and 7.43% GS 2076 (symbol: 743GS76A26)
  • Bidding is conducted via the NCB-GSec module at https://ibbs.bseindia.com
  • Minimum subscription is 100 units at Rs. 10,000 minimum amount; maximum amount is Rs. 2 crores per security
  • Issue sizes: Rs. 17,000 Cr for 6.68% GS 2040 and Rs. 12,000 Cr for 7.43% GS 2076
  • This is a re-issue of existing securities, not a new issuance

Regulatory Changes

No new regulatory changes. This circular operates under the existing framework established by Exchange circular no. 20180423-42 (April 23, 2018) for non-competitive bidding in RBI-conducted government securities auctions.

Compliance Requirements

  • Trading members must submit bids through the NCB-GSec module on the iBBS platform before April 30, 2026 at 8:00 AM
  • Direct investors must submit bids before April 29, 2026 at 5:00 PM
  • Members should contact Trading Operations for user ID creation, password resets, or bidding queries
  • Obligation and pay-in queries should be directed to ICCL Operations

Important Dates

  • Bid Collection Start: April 28, 2026 from 10:00 AM (24-hour availability)
  • Bid Collection End (Members): April 30, 2026 by 8:00 AM
  • Bid Collection End (Direct Investors): April 29, 2026 by 5:00 PM
  • Auction Date: April 30, 2026
  • Settlement Date: May 4, 2026

Impact Assessment

This is a routine operational notice affecting debt segment trading members and direct investors participating in the GoI securities market. The combined issue size of Rs. 29,000 Cr (Rs. 17,000 Cr + Rs. 12,000 Cr) is significant for the debt market. The 7.43% GS 2076 is a long-duration (50-year) instrument, which may attract interest from insurance and pension funds. The short bidding window (members must bid by 8:00 AM on auction day) requires timely action from participants. No broader equity market impact is expected.

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