Document title: Auction of 91‑Day, 182‑Day and 364‑Day Treasury Bills
Issuing authority: Reserve Bank of India
Reference number: Press Release 2026‑2027/1234
Date: October 01, 2026
Policy Rates and Liquidity
The Reserve Bank of India announced a Treasury Bill auction to manage market liquidity, offering a total notified amount of ₹23,000 crore. The auction comprises three tenors: ₹8,000 crore of 91‑day bills, ₹8,000 crore of 182‑day bills, and ₹7,000 crore of 364‑day bills.
Capital Markets and Flows
The 182‑day Treasury Bill auction is scheduled for Wednesday, October 07, 2026, with settlement on Thursday, October 08, 2026. The auction will be price‑based using the multiple price method. Competitive bids must be submitted electronically through the RBI’s Core Banking Solution (E‑Kuber system) between 12:30 pm and 1:30 pm on the auction day. Results will be announced on the same day.
Regulatory and Policy Measures
Participation is open on a non‑competitive basis to State Governments, Union Territories with legislatures, eligible Provident Funds, designated Foreign Central Banks, and any person or institution specified by the RBI. Retail investors may also bid on a non‑competitive basis, but their allocation is capped at a maximum of 5 % of the notified amount for each bill. Physical bids will be accepted only in the event of a system failure; such bids must be submitted to the Public Debt Office using the prescribed form available on the RBI website. For technical issues, the Core Banking Operations Team and the IDMD auction team have been provided with contact emails and phone numbers.
The press release is signed by Deputy General Manager Ajit Prasad (Communications).
The auction details reflect RBI’s ongoing efforts to fine‑tune liquidity conditions in the government securities market through regular Treasury Bill issuances.