Auction of 91-Day, 182-Day and 364-Day Treasury Bills
RBI press-release 2026-2027/645 · 10 Jul 2026
Summary
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The Reserve Bank of India announces an auction for Government of India Treasury Bills. The auction includes 91-day, 182-day, and 364-day bills with a total notified amount of 24,000 crore rupees. The auction uses a price-based multiple price method. Bidders must submit electronic bids through the E-Kuber system on July 15, 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 make payments on July 16, 2026. Eligible participants include state governments, union territories, provident funds, foreign central banks, and retail investors. Retail investors may participate through the Retail Direct portal. The allocation for retail investors remains limited to 5 percent of the notified amount.
What you must do
- Submit bids in electronic format on the E-Kuber system on July 15, 2026.
- Make payment for successful bids on July 16, 2026.
Key dates
Document text
July 10, 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 Bill | Notified Amount (₹ crore) | Auction Date | Settlement Date |
|---|---|---|---|---|
| 1 | 91-Day | 9,000 | July 15, 2026 (Wednesday) | July 16, 2026 (Thursday) |
| 2 | 182-Day | 8,000 | ||
| 3 | 364-Day | 7,000 | ||
| Total | 24,000 |
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, July 15, 2026, during the below given timings:
| Category of Bids | Timing |
|---|---|
| Competitive | 10:30 am - 11:30 am |
| Non-Competitive | 10:30 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, July 16, 2026.
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).
ᮧे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
Ajit Prasad Press Release: 2026-2027/645 Deputy General Manager (Communications)
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 10 Jul 2026
- Document number
- 2026-2027/645
- Issuing division
- Department of Communication
- Coverage area
- banking