RBI will auction ₹23,000 crore in Treasury Bills on October 14, 2026—₹8,000 crore each of 91-day and 182-day, and ₹7,000 crore of 364-day bills. Settlement is October 15.
RBI to Auction ₹23,000 Crore in Treasury Bills
The Reserve Bank of India has scheduled an auction of Government of India Treasury Bills for October 14, 2026, with a total notified amount of ₹23,000 crore. The breakdown includes ₹8,000 crore each of 91-day and 182-day T-bills, and ₹7,000 crore of 364-day T-bills. Settlement will occur on October 15, 2026.
T-bill auctions are a regular instrument for short-term government borrowing and liquidity management. The size and tenor mix reflect current cash management needs and the RBI’s strategy to maintain a balanced maturity profile in the short-term debt market.
Market participants must adhere to bidding procedures under the RBI’s auction guidelines. For legal advisors, T-bill auction results are vital for benchmarking risk-free rates used in financial litigation, arbitration, and interest calculations in commercial disputes.