RBI announced T‑Bill auction for 91‑day, 182‑day, 364‑day securities with total face values of ₹15,000 cr, ₹12,000 cr and ₹8,000 cr respectively.
No bids were received; cut‑off price and implicit yield were not applicable, and total face value accepted was NIL for all tenures.
The outcome signals potential short‑term liquidity constraints in the money market as the RBI’s intended borrowing did not materialize.