RBI Announces Treasury Bill Auction Details
The Reserve Bank of India has scheduled an upcoming auction for Government of India Treasury Bills aiming to raise a total of ₹24,000 crore across three distinct tenures. The scheduled sale encompasses 91-day, 182-day, and 364-day instruments, each carrying specific notified amounts to manage short-term borrowing requirements.
According to the official release, the auction is structured across three categories with individual financial targets:
- 91-Day Treasury Bills carrying a notified amount of ₹9,000 crore
- 182-Day Treasury Bills carrying a notified amount of ₹8,000 crore
- 364-Day Treasury Bills carrying a notified amount of ₹7,000 crore
Auction Timelines and Bidding Process
The bidding process will take place electronically on Wednesday, August 5, 2026, through the Reserve Bank of India’s Core Banking Solution, known as the E-Kuber system. Competitive bids will be accepted between 12:30 pm and 01:30 pm, while non-competitive bids must be submitted within a tighter window from 12:30 pm to 01:00 pm on the same day. Successful bidders are required to complete their payments by Thursday, August 6, 2026, which marks the scheduled settlement date. The results of the auction will be officially published on the auction day itself.
The sale will adhere to the terms and conditions outlined in the General Notification issued by the Government of India on March 26, 2025, with subsequent amendments. The auction format will utilize a price-based approach employing a multiple-price method.
Participation Guidelines for Investors
Eligibility for non-competitive participation extends to State Governments, Union Territories having a legislature, eligible domestic Provident Funds, designated Foreign Central Banks, and any institutional entities specifically authorized by the central bank. Individual retail investors are also permitted to participate on a non-competitive basis, subject to a cap of five percent of the total notified amount. Retail participants can place their bids via the dedicated Retail Direct portal.
In the unlikely event of a technical system failure, provisions have been made to accept physical bids. Such physical submissions must reach the Public Debt Office before the closure of auction timings using the designated format available on the central bank website. Specific helpline numbers and communication channels have been established for technical difficulties and general auction-related inquiries.
Primary source: This independent news summary is based on official information from Reserve Bank of India. Read the original document for complete details.