Document Title: Treasury Bills: Full Auction Result
Issuing Authority: Reserve Bank of India (RBI)
Date: 17 June 2026
Policy Rates and Liquidity
The RBI notified ₹12,000 crore of 91‑day, ₹6,000 crore of 182‑day and ₹6,000 crore of 364‑day Treasury Bills. Competitive bids received amounted to ₹32,155.70 crore (110 bids) for 91‑day, ₹13,949.65 crore (68 bids) for 182‑day and ₹31,465.00 crore (115 bids) for 364‑day securities. The cut‑off prices were 98.7055, 97.3305 and 94.5422 rupees per 100 rupees face value, translating to yields of 5.2603%, 5.5005% and 5.7887% respectively. Accepted competitive bids were 59, 28 and 3 bids, totalling ₹11,400 crore, ₹5,700 crore and ₹5,700 crore. Partial allotments of the competitive bids were 9.58% (91‑day), 19.05% (182‑day) and 11.67% (364‑day). The weighted‑average prices were 98.7088, 97.3376 and 94.5494 rupees, giving weighted‑average yields of 5.2467%, 5.4855% and 5.7807%.
Capital Markets and Flows
Non‑competitive bids were also received: 8 bids for 91‑day amounting to ₹4,017.795 crore, 6 bids for 182‑day amounting to ₹1,111.341 crore and 6 bids for 364‑day amounting to ₹1,470.738 crore. All non‑competitive bids were accepted, with allotments of ₹4,000 crore, ₹1,100 crore and ₹1,450 crore respectively. The partial allotment percentages for non‑competitive bids were 97.1196% (91‑day), 96.3574% (182‑day) and 93.5343% (364‑day).
The auction reflects the RBI's ongoing liquidity management through government securities, providing market participants with clear yield benchmarks across the three tenor segments.