Auction of 91-Day, 182-Day and 364-Day Treasury Bills
RBI press-release 2026-2027/987 · 28 Aug 2026
Summary
Check the official recordWhat 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 the multiple price method. Eligible participants include State Governments, Union Territories, Provident Funds, Foreign Central Banks, and retail investors. Participants submit bids electronically via the E-Kuber system on September 02, 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 complete payment on September 03, 2026. Retail investors receive an allocation limit of 5 percent of the notified amount. Physical bids are acceptable only during system failure.
What you must do
- Submit bids electronically on the E-Kuber system on September 02, 2026.
- Make payment for successful bids on September 03, 2026.
Key dates
Document text
August 28, 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 | September 02, 2026 (Wednesday) | September 03, 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, September 02, 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, September 03, 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).
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ǐरज़वर् बैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi
संचार ͪ वभाग, केंद्रȣय कायार्लय, शहȣद भगत ͧ संह 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
Deputy General Manager (Communications)
Press Release: 2026-2027/987
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 28 Aug 2026
- Document number
- 2026-2027/987
- Issuing division
- Department of Communication
- Coverage area
- banking