RBI 91-182-364 Day T-Bill Auction Results

Document title: 91-Day, 182-Day and 364-Day T-Bill Auction Result: Cut-off

Issuing authority: Reserve Bank of India (RBI)

Reference number: Press Release: 2026-2027/923

Date: 19 August 2026

Policy Rates and Liquidity

The auction cut‑off prices translate into implicit yields of 5.2603% for the 91‑day Treasury Bill, 5.5678% for the 182‑day Treasury Bill, and 5.7373% for the 364‑day Treasury Bill, reflecting the prevailing short‑term market rates at the time of the auction.

Capital Markets and Flows

The RBI notified a total face value of ₹9,000 crore for the 91‑day, ₹8,000 crore for the 182‑day, and ₹7,000 crore for the 364‑day Treasury Bills, and the entire notified amounts were accepted in the auction. The cut‑off prices were 98.7055 rupees for the 91‑day, 97.2987 rupees for the 182‑day, and 94.5881 rupees for the 364‑day bills, indicating strong demand across all tenors.

The auction results were communicated by Deputy General Manager Ajit Prasad, confirming the successful completion of the Treasury Bill auction process on the stated date.