SDL Auction On April 29, Non-Competitive Bidding Open On BSE
RBI's April 29 auction of State Development Loans (SDLs) allows non-competitive bidding via BSE’s iBBS platform. Bidding opens April 28 for direct investors and continues till April 29 for members. Multiple securities across states are offered.
Bidding window for direct investors opens on April 28 and closes the same day. |
Mumbai: In line with the RBI press release dated April 25, 2025, and BSE’s earlier circular (20191122-28), the Government of India has announced an auction of State Government Securities (SDLs) scheduled for April 29, 2025. Non-competitive bidding (NCB) will be facilitated via the NCB-GSec module on BSE’s iBBS system.
Bidding window for direct investors opens on April 28 and closes the same day.
For trading members, bidding remains open till 8:00 am on April 29.
The settlement date is set for April 30, 2025.
Securities Offered
A mix of new issuances and one re-issue are being auctioned with varying maturities and issue sizes. Highlights include:
Uttar Pradesh (UPNW2032) – Rs 3,000 crore
Punjab (PBNW2043) – Rs 2,500 crore
Kerala (KLNW2046) & Maharashtra (MHNW2037/38) – Rs 2,000 crore each
Re-issue: RJ074232 – Rs 1,500 crore
Minimum bidding unit is Rs 10,000 (100 units), with individual maximum limits varying by security.
Support Contacts
For assistance, BSE provides dedicated teams handling user credentials, bidding operations, and settlement queries, with relevant emails and helpline numbers listed for quick access.
RECENT STORIES
-
-
-
-
-