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
| Particulars | Start date & time | End date & time | Auction date | Settlement date |
|---|
| G-Secs | Tuesday (10:00 AM) | Thursday (4:00 PM) | Friday | Monday |
| T-Bills | Monday (10:00 AM) | Tuesday (4:00 PM) | Wednesday | Thursday |
| SDLs | Monday (10:00 AM) | Monday (4:00 PM) | Tuesday | Wednesday |
These timelines are standard but may be adjusted based on regulatory updates or exchange notifications.
What if...
| Scenario | Resolution |
|---|
| You place an order after the cut-off | The bid may not be accepted for the current cycle and could be rejected or rolled over. |
| You're unsure of this week’s auction timing | Check 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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