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RBI13 Aug 2026press-releasePrepared by Complied AI

Auction of 91-Day, 182-Day and 364-Day Treasury Bills

RBI press-release 2026-2027/899 · 13 Aug 2026

The Reserve Bank of India announces an auction for 91-day, 182-day, and 364-day Treasury Bills. The total notified amount is 24,000 crore rupees. The auction uses a price-based multiple price method. Eligible participants include state governments, union territories, provident funds, foreign central banks, and retail investors. Participants must submit bids electronically via the E-Kuber system on August 19, 2026. Competitive bids occur between 10:30 am and 11:30 am. Non-competitive bids occur between 10:30 am and 11:00 am. Successful bidders must complete payment on August 20, 2026. Retail investors may participate through the Retail Direct portal with an allocation limit of 5 percent of the notified amount. Physical bids are allowed only if the system fails.

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What changed

The Reserve Bank of India announces an auction for 91-day, 182-day, and 364-day Treasury Bills. The total notified amount is 24,000 crore rupees. The auction uses a price-based multiple price method. Eligible participants include state governments, union territories, provident funds, foreign central banks, and retail investors. Participants must submit bids electronically via the E-Kuber system on August 19, 2026. Competitive bids occur between 10:30 am and 11:30 am. Non-competitive bids occur between 10:30 am and 11:00 am. Successful bidders must complete payment on August 20, 2026. Retail investors may participate through the Retail Direct portal with an allocation limit of 5 percent of the notified amount. Physical bids are allowed only if the system fails.

Who is affected
  • State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks, and retail investors.
Required action
  • Submit bids in electronic format on the E-Kuber system on August 19, 2026.
  • Make payment for successful bids on August 20, 2026.
Key dates
  • Auction Date — 18 Aug 2026
  • Settlement Date — 19 Aug 2026
Thresholds
  • Retail investor allocation is restricted to a maximum of 5 percent of the notified amount.
Exceptions
  • Physical bids are accepted only in the event of system failure.

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Source details

Source
Reserve Bank of India
Type
press-release
Published by source
13 Aug 2026
Document number
2026-2027/899
Issuing division
Department of Communication
Coverage area
banking

Document text

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August 14, 2026

Auction of 91-Day, 182-Day and 364-Day Treasury Bills

Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details:

Sr. No.Treasury BillNotified Amount (₹ crore)Auction DateSettlement Date
191-Day9,000August 19, 2026 (Wednesday)August 20, 2026 (Thursday)
2182-Day8,000
3364-Day7,000
Total24,000

The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)-B(W&M)/2018 dated March 26, 2025, issued by Government of India, as amended from time to time. State Governments, Union Territories with legislature, eligible Provident Funds in India, designated Foreign Central Banks and any person or institution specified by the Bank in this regard can participate on non-competitive basis, the allocation for which will be outside the notified amount. Individuals can also participate on non-competitive basis, as retail investors. For retail investors, the allocation will be restricted to a maximum of 5 percent of the notified amount. Individual investors can also place bids as per the non-competitive scheme through the Retail Direct portal (https://rbiretaildirect.org.in).

The auction will be Price based using multiple price method. Bids for the auction should be submitted in electronic format on the Reserve Bank of India’s Core Banking Solution (E-Kuber system) on Wednesday, August 19, 2026, during the below given timings:

Category of BidsTiming
Competitive10:30 am - 11:30 am
Non-Competitive10:30 am - 11:00 am

Results will be announced on the day of the auction.

Payment by successful bidders will have to be made on Thursday, August 20, 2026.

ᮧेस ᮧकाशनी PRESS RELEASE

भारतीय ᳯरज़वर् बᱹक RESERVE BANK OF INDIA

वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502

Only in the event of system failure, physical bids would be accepted. Such physical bids should be submitted to the Public Debt Office (email; Phone no: 022-22603456, 022-22603457, 022-22603190), before the auction timing ends, in the prescribed form. The form can be downloaded from RBI website (https://www.rbi.org.in/Scripts/BS_ViewForms.aspx). In case of technical difficulties, Core Banking Operations Team should be contacted at email; Phone no: 022-69870466, 022-69870415. For other auction related difficulties, IDMD auction team can be contacted (email; Phone no: 022-22702431, 022-22705125).

Ajit Prasad Press Release: 2026-2027/899 Deputy General Manager (Communications)

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