RBI T-Bill Auction Cut-off Prices Announced

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

Issuing authority: Reserve Bank of India

Reference: Press Release 2026-2027/1477

Date: 11 November 2026

Policy Rates and Liquidity

The RBI disclosed the cut‑off prices for the three Treasury Bill tenors. The 91‑day T‑Bill cut‑off price was 98.5581, implying a yield‑to‑maturity of 5.8681 %. The 182‑day T‑Bill cut‑off price was 96.8521, with a YTM of 6.5183 %. The 364‑day T‑Bill cut‑off price was 93.7900, corresponding to a YTM of 6.6394 %.

Capital Markets and Flows

The auction notified a total face value of ₹8,000 crore for both the 91‑day and 182‑day issues and ₹7,000 crore for the 364‑day issue. All notified amounts were fully accepted, indicating strong demand. The results were released by Deputy General Manager Ajit Prasad of the RBI’s Department of Communication.

The auction outcomes reflect the market’s appetite for short‑term government securities and provide insight into prevailing liquidity conditions in the money market.