RBI to auction ₹9,000 crore 91-day, ₹8,000 crore 182-day, and ₹10,000 crore 364-day T-bills on September 30, 2026. Settlement on October 1.
Treasury Bill Auction: ₹27,000 Crore on September 30
The Reserve Bank of India has announced the auction of Government of India Treasury Bills on Wednesday, September 30, 2026, with a total notified amount of ₹27,000 crore. The breakdown includes ₹9,000 crore of 91-day, ₹8,000 crore of 182-day, and ₹10,000 crore of 364-day T-bills. The settlement date is October 1, 2026.
Treasury bills are short-term instruments used to manage the government’s cash flow and are a key component of the money market. The auction will be conducted in a multiple-price basis format, allowing for competitive bidding by primary dealers, banks, and institutional investors.
Legal and financial professionals should monitor the cut-off yields, which influence short-term interest rates. These auctions reflect the government’s near-term borrowing requirements and the RBI’s liquidity management strategy. The data also serves as a benchmark for pricing commercial paper and other short-term debt instruments.