Auction of 91-Day, 182-Day and 364-Day Treasury Bills
The Reserve Bank of India has announced an auction for Government of India Treasury Bills with a total notified amount of ₹24,000 crore. The auction covers 91-day, 182-day, and 364-day tenors, scheduled for August 12, 2026. The auction will be price-based using the multiple price method. Bids must be submitted electronically via the E-Kuber system within specified timings for competitive and non-competitive categories. Eligible participants include State Governments, Union Territories, Provident Funds, foreign central banks, and retail investors. Retail investors may participate via the Retail Direct portal, with their allocation capped at 5 percent of the notified amount. Successful bidders are required to make payments on August 13, 2026.
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The Reserve Bank of India has announced an auction for Government of India Treasury Bills with a total notified amount of ₹24,000 crore. The auction covers 91-day, 182-day, and 364-day tenors, scheduled for August 12, 2026. The auction will be price-based using the multiple price method. Bids must be submitted electronically via the E-Kuber system within specified timings for competitive and non-competitive categories. Eligible participants include State Governments, Union Territories, Provident Funds, foreign central banks, and retail investors. Retail investors may participate via the Retail Direct portal, with their allocation capped at 5 percent of the notified amount. Successful bidders are required to make payments on August 13, 2026.
- Who is affected
- State Governments, Union Territories with legislature, eligible Provident Funds, designated Foreign Central Banks, and retail investors.
- Required action
- Submit bids electronically on the E-Kuber system on August 12, 2026.
- Make payment for successful bids on August 13, 2026.
- Key dates
- Auction Date — 11 Aug 2026
- Settlement Date — 12 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.
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 06 Aug 2026
- Document number
- 2026-2027/842
- Issuing division
- Department of Communication
- Coverage area
- banking
Document text
August 07, 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 | August 12, 2026 (Wednesday) | August 13, 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, August 12, 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, August 13, 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, ᮧे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
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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: 2026-2027/842 Deputy General Manager (Communications)
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