The Reserve Bank of India (RBI) on Wednesday raised Rs 21,000 crore through its latest Treasury Bill auction, which drew robust investor interest across all three maturities.
The 91-day T-Bill was sold at a cut-off yield of 5.47% with bids of Rs 44,390 crore received against the notified amount of Rs 10,000 crore. The RBI accepted Rs 9,975.88 crore, with a weighted average yield of 5.46%.
The 182-day T-Bill cut-off yield was set at 5.58%. The auction received bids worth Rs 23,707 crore against Rs 6,000 crore on offer, of which Rs 5,984.11 crore was accepted. The weighted average yield came in at 5.57%.
The 364-day T-Bill saw demand of Rs 26,174 crore for a notified amount of Rs 5,000 crore. The cut-off yield was fixed at 5.61%, with Rs 4,986.61 crore accepted. The weighted average yield stood at 5.60%.
Non-competitive bidders were fully allotted in all three segments, receiving Rs 8,304.36 crore in the 91-day, Rs 15.89 crore in the 182-day, and Rs 1,109.73 crore in the 364-day securities.