RBI Schedules Fresh Treasury Bill Auction
The Reserve Bank of India has announced an upcoming auction for Government of India Treasury Bills, aiming to raise a total notified amount of Rs 24,000 crore. The upcoming financial exercise will offer instruments across three distinct maturity periods, providing short-term investment avenues for eligible participants and institutional entities.
The scheduled auction covers three specific tenures with varying allocation targets:
- 91-Day Treasury Bills amounting to Rs 9,000 crore
- 182-Day Treasury Bills amounting to Rs 8,000 crore
- 364-Day Treasury Bills amounting to Rs 7,000 crore
Auction Timelines and Bidding Process
The bidding process is scheduled to take place on August 27, 2026. Participants must submit their bids electronically through the central bank’s Core Banking Solution, known as the E-Kuber system. Competitive bids will be accepted between 10:30 am and 11:30 am, while non-competitive bids must be submitted from 10:30 am to 11:00 am on the same day.
The sale will follow a price-based format utilizing the multiple price method. Results of the auction will be officially declared on the very same day. Successful participants are required to complete their payments on August 28, 2026, which marks the designated settlement date.
Participation Guidelines for Investors
Eligible entities including State Governments, Union Territories with legislatures, designated Foreign Central Banks, and approved Provident Funds can participate through a non-competitive framework, with allocations kept outside the primary notified amount.
Retail individual investors are also permitted to participate under the non-competitive scheme, subject to a maximum allocation restriction of five percent of the total notified amount. Individual retail participants can place their bids conveniently via the dedicated Retail Direct portal.
Primary source: This independent news summary is based on official information from Reserve Bank of India. Read the original document for complete details.