The RBI will conduct auctions for 91-day, 182-day, and 364-day Treasury Bills on October 21, 2026, each with a notified amount of ₹8,000 crore. The settlement will occur on October 22, 2026.
RBI to Auction T-Bills Worth ₹24,000 Crore on October 21
The Reserve Bank of India has announced the auction of Government of India Treasury Bills for October 21, 2026. The auction will include three tenors: 91-day, 182-day, and 364-day bills, each with a notified amount of ₹8,000 crore, totaling ₹24,000 crore in government borrowing.
The settlement for all three auctions will take place on October 22, 2026. These securities are key instruments for short-to-medium-term government financing and serve as benchmarks for yield curve development in the money market. Participation is expected from banks, primary dealers, and mutual funds as part of statutory liquidity ratio (SLR) compliance.
The auctions reflect the government’s steady borrowing program and the RBI’s role in managing market absorption and liquidity. Legal and financial professionals should monitor the cut-off yields for implications on short-term interest rates and treasury management strategies.
