RBI releases full auction results for 91-day, 182-day and 364-day treasury bills
The Reserve Bank of India published treasury bill auction results, detailing notified amounts and bid data across three distinct maturities.
Growth Brief DeskPublished 2 min read
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Key facts
- The RBI notified amounts of ₹8,000 crore, ₹8,000 crore, and ₹7,000 crore for 91, 182, and 364-day T-bills.
- Competitive bids totalled ₹15,366.6 crore for 91-day, ₹18,925.5 crore for 182-day, and ₹11,352.5 crore for 364-day T-bills.
- Non-competitive bids reached ₹12,028.759 crore, ₹1,712.416 crore, and ₹1,683.571 crore across the three maturities.
The Reserve Bank of India has published the full auction results for 91-day, 182-day, and 364-day treasury bills. The notified amounts for the auction were set at ₹8,000 crore for the 91-day bills, ₹8,000 crore for the 182-day bills, and ₹7,000 crore for the 364-day bills.
According to the press release issued by Deputy General Manager Ajit Prasad, competitive bids received reached ₹15,366.600 crore for the 91-day tenure, ₹18,925.500 crore for the 182-day tenure, and ₹11,352.500 crore for the 364-day tenure. A total of 67, 63, and 75 competitive bids were received for the respective maturities.
Additionally, non-competitive bids received amounted to ₹12,028.759 crore for 91-day bills, ₹1,712.416 crore for 182-day bills, and ₹1,683.571 crore for 364-day bills. Specific figures for cut-off prices and accepted bids were not detailed in the data release.
Why it matters
This Reserve Bank of India auction update details the bidding activity for short-term government debt instruments across three different maturities. For institutional investors and financial market participants, these treasury bill results offer a direct gauge of short-term liquidity demand and prevailing market appetite for sovereign paper. Monitoring notified amounts alongside competitive and non-competitive bid volumes helps market participants assess cash deployment trends and short-term interest rate expectations without relying on speculation.
- Economy
- RBI
- Regulatory Policy
Sources
Source: Reserve Bank of India