Capital Markets and Flows
The Reserve Bank of India (RBI) announced the auction of Government of India Treasury Bills in three tenors. The notified amounts are ₹9,000 crore for 91‑day bills, ₹8,000 crore for 182‑day bills and ₹7,000 crore for 364‑day bills, bringing the total notified amount to ₹24,000 crore. The auction for the 91‑day bills is scheduled for Wednesday, August 19, 2026, with settlement on Thursday, August 20, 2026; the same dates apply to the 182‑day and 364‑day bills as per the table.
Bids must be submitted electronically through the RBI’s Core Banking Solution (E‑Kuber) on August 19, 2026. Competitive bids are accepted between 10:30 am and 11:30 am, while non‑competitive bids are accepted between 10:30 am and 11:00 am. Results will be announced on the day of the auction, and successful bidders must make payment on Thursday, August 20, 2026.
Regulatory and Policy Measures
Participation is open to State Governments, Union Territories with legislatures, eligible Provident Funds, designated foreign central banks, and any person or institution specified by the RBI on a non‑competitive basis. Allocations for these participants are outside the notified amount. Individual investors may also participate on a non‑competitive basis as retail investors, but their allocation is capped at a maximum of 5 percent of the notified amount. Retail investors can place bids through the Retail Direct portal.
In the event of a technical failure of the electronic system, physical bids may be submitted to the Public Debt Office using the prescribed form available on the RBI website. Contact details for the Public Debt Office, Core Banking Operations Team, and the IDMD auction team are provided for assistance with bid submission or any auction‑related difficulties.
The press release is issued by Deputy General Manager Ajit Prasad (Communications).