What are the cut-off timings for investing in G-Secs, T-Bills and SDLs?

What are the cut-off timings for investing in G-Secs, T-Bills and SDLs?

Investing in Government Securities (G-Secs), Treasury Bills (T-Bills), and State Development Loans (SDLs) is time-sensitive and adheres to specific bid windows aligned with RBI’s auction schedule. Submitting your bids within the designated period ensures timely participation and settlement.

General cut-off timings for each instrument

ParticularsStart date & timeEnd date & timeAuction dateSettlement date
G-SecsTuesday (10:00 AM)Thursday (4:00 PM)FridayMonday
T-BillsMonday (10:00 AM)Tuesday (4:00 PM)WednesdayThursday
SDLsMonday (10:00 AM)Monday (4:00 PM)TuesdayWednesday

These timelines are standard but may be adjusted based on regulatory updates or exchange notifications.

What if...

ScenarioResolution
You place an order after the cut-offThe bid may not be accepted for the current cycle and could be rejected or rolled over.
You're unsure of this week’s auction timingCheck FYERS Debt Market portal or RBI auction calendar for updated schedules.
Always place your bids well before the cut-off time to avoid any delays due to system load or connectivity issues, especially on the last day.

Last updated: 26 Jun 2025

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