RBI June 2026 T-Bill Auction Yields 5.26-5.79%

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

Issuing authority: Reserve Bank of India, Department of Communication

Reference number: Press Release 2026-2027/474

Date: 17 June 2026

Policy Rates and Liquidity

The auction resulted in a cut‑off price of 98.7055 for the 91‑day Treasury Bill, implying a yield‑to‑maturity (YTM) of 5.2603 per cent. For the 182‑day bill, the cut‑off price was 97.3305, corresponding to a YTM of 5.5005 per cent. The 364‑day bill recorded a cut‑off price of 94.5422, yielding 5.7887 per cent. These yields reflect the prevailing short‑term interest rate environment and liquidity conditions in the money market.

Capital Markets and Flows

The RBI offered a total face value of ₹12,000 crore for the 91‑day Treasury Bill and ₹6,000 crore each for the 182‑day and 364‑day bills. The auction results indicate that the entire face value was accepted for each tenor, confirming robust demand from market participants. The press release was issued by Deputy General Manager Ajit Prasad of the RBI’s Communication Department.

The auction outcomes demonstrate continued investor appetite for short‑term government securities and provide a benchmark for short‑term funding costs in the Indian financial system.