RBI 91-182-364 Day T-Bill Auction Yields 5.2-5.6%

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

Issuing authority: Reserve Bank of India

Reference number: Press Release 2026-2027/526

Date: 24 June 2026

Policy Rates and Liquidity

The RBI announced the cut‑off prices and implicit yields for the 91‑day, 182‑day and 364‑day Treasury Bills auctioned on 24 June 2026. The 91‑day bill recorded a cut‑off price of 98.7086, corresponding to a yield to maturity of 5.2476 %. The 182‑day bill’s cut‑off price was 97.3544, yielding 5.4499 %, while the 364‑day bill priced at 94.6761, yielding 5.6387 %. These yields reflect the prevailing market rates for short‑term government securities.

Capital Markets and Flows

The auction notified a total face value of ₹12,000 crore for the 91‑day bill and ₹6,000 crore each for the 182‑day and 364‑day bills. All notified amounts were fully accepted, indicating strong demand from market participants. The press release was issued by Deputy General Manager Ajit Prasad of the Communications Division.

The results provide insight into short‑term liquidity conditions and the pricing of government securities in the current market environment.