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When can bids be placed for SDLs, T-bills, and government bonds?

You can place bids for government securities during specific windows that vary by security type. Each security follows a set weekly schedule with designated opening and closing times.

Bids for various securities follow specific timelines:

  • SDLs (State Development Loans): The bidding window opens on Monday and closes on the same day.
  • T-bills (Treasury Bills): The bidding window opens on Monday and closes on Tuesday.
  • Government Bonds (Gsec): The bidding window opens on Tuesday and closes on Thursday.

The bidding is open on the following days:

Type of security Duration
SDL Opens by 10:00 AM on Monday and closes by 6:00 PM on Monday
T-bill Opens by 10:00 AM on Monday and closes by 6:00 PM on Tuesday
Government bond Opens by 12:00 PM on Tuesday and closes by 8:00 PM on Thursday
Sovereign Green Bond Opens by 12:00 PM on Tuesday and closes by 6:00 PM on Thursday

The above-mentioned durations may change, subject to exchange timings and trading holidays.

To view the upcoming schedules for SDL, T-bills and G-secs, see Where can the SDL, T-bills and G-secs schedule be viewed?

Did you know? If the auction settlement day falls on a holiday, the cut-off time will be moved to the previous trading day.

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