The Reserve Bank of India (RBI) completed its Treasury Bills (T-Bills) auction on 17 September 2025, with bids exceeding notified amounts across all three maturities.
For the 91-day T-Bill, the government had notified Rs 10,000 crore. A total of 133 bids worth Rs 29,663 crore were received, against which Rs 9,979 crore was accepted. The cut-off yield stood at 5.4976%, while the weighted average yield was slightly lower at 5.4914%.
The 182-day T-Bill saw 69 bids worth Rs 20,776 crore against a notified Rs 6,000 crore. Of this, Rs 5,988 crore was accepted. The cut-off yield was 5.6045%, with the weighted average yield at 5.5971%.
For the 364-day T-Bill, the notified amount was Rs 5,000 crore. A total of 93 bids worth Rs 20,901 crore were received, of which Rs 4,988 crore was accepted. The cut-off yield came in at 5.6349%, with a weighted average yield of 5.6347%.
Non-competitive bids across all three maturities were fully accepted. These stood at Rs 7,921 crore for 91-day, Rs 12 crore for 182-day, and Rs 1,823 crore for 364-day papers.
The strong demand led to partial allotments in select competitive bids, with allotment percentages of 54.83% in 91-day, 22.73% in 182-day, and 63.74% in 364-day T-Bills.