Capital Markets and Flows
The Reserve Bank of India announced the full auction results for three Treasury Bill tenors – 91‑day, 182‑day and 364‑day – on 24 June 2026. The notified amounts were ₹12,000 crore for the 91‑day issue, and ₹6,000 crore each for the 182‑day and 364‑day issues.
Competitive bids were received from 94, 101 and 84 participants for the 91‑day, 182‑day and 364‑day bills respectively, amounting to ₹30,225.550 crore, ₹22,303.650 crore and ₹23,780.150 crore. The cut‑off prices were 98.7086, 97.3544 and 94.6761 rupees, corresponding to yields to maturity (YTM) of 5.2476 %, 5.4499 % and 5.6387 %.
Of the competitive bids, 42, 30 and 2 bids were accepted for the 91‑day, 182‑day and 364‑day issues, representing accepted amounts of ₹11,400 crore, ₹5,700 crore and ₹5,700 crore respectively. Partial allotment percentages of competitive bids were 95.3900 % (covering 2 bids) for the 91‑day, 58.1040 % (covering 7 bids) for the 182‑day and 94.8333 % (covering 1 bid) for the 364‑day issue.
The weighted average prices (WAY) were 98.7114, 97.3580 and 94.6761 rupees, yielding weighted average yields of 5.2360 %, 5.4423 % and 5.6387 % for the respective tenors.
Non‑competitive bids were also received: 6, 5 and 3 bids amounting to ₹1,714.404 crore, ₹1,115.444 crore and ₹316.458 crore for the 91‑day, 182‑day and 364‑day bills. All non‑competitive bids were accepted, with allotted amounts of ₹1,700 crore, ₹1,100 crore and ₹300 crore respectively. The partial allotment percentages for non‑competitive bids were 97.6556 %, 95.1040 % and 94.7993 %.
The auction results indicate robust participation across all tenors, with competitive bid volumes exceeding the notified amounts and high acceptance rates for non‑competitive bids.
The release was signed by Ajit Prasad, Deputy General Manager, Department of Communication, RBI.