The Reserve Bank of India (RBI) conducted its latest Treasury Bills (T-Bills) auction on 12 November 2025, attracting robust investor participation across all three maturities — 91-day, 182-day, and 364-day.
For the 91-day T-Bill, the government had notified Rs 7,000 crore and received 141 bids worth Rs 39,518.20 crore. The cut-off yield stood at 5.4312%, while the weighted average yield was slightly lower at 5.4259%. A total of Rs 6,979.90 crore was accepted under competitive bidding, with a partial allotment of 30.64% in one bid.
The 182-day T-Bill saw 96 bids amounting to Rs 23,168.30 crore against a notified amount of Rs 6,000 crore. The government accepted Rs 5,985.61 crore, with a cut-off yield of 5.5717% and a weighted average yield of 5.5687%.
For the 364-day T-Bill, 121 bids worth Rs 22,890 crore were received for the same notified amount of Rs 6,000 crore. The cut-off yield stood at 5.5699%, and the weighted average yield was 5.5659%. A total of Rs 5,979.87 crore was accepted, with a partial allotment of 44.49% in one bid.
Non-competitive bids were fully accepted across all maturities, totaling Rs 5,520.10 crore for 91-day, Rs 1,014.39 crore for 182-day, and Rs 1,809.41 crore for 364-day securities.