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

The Reserve Bank of India has announced the auction of Government of India Treasury Bills, covering 91-day, 182-day, and 364-day durations. The total amount of ₹24,000 crore will be allocated across these bills. The auction, set to take place on Wednesday, August 19, 2026, will follow specific settlement dates for each bill type.

All eligible participants, including State Governments, Union Territories with legislatures, Provident Funds, foreign central banks, and individuals, can participate non-competitively outside the notified amounts. Retail investors are allowed to participate as well, with their allocation capped at 5% of the notified amount. They can place bids on the RBI's Retail Direct portal.

The auction will employ a price-based multiple price method. Participants must submit bids electronically through the RBI's Core Banking Solution (E-Kuber system) between 10:30 am and 11:30 am for competitive bids, or until 11:00 am for non-competitive bids. Results will be announced on the auction day itself. Successful bidders are required to make payment on Thursday, August 20, 2026. In case of system failure, physical bids can be submitted to the Public Debt Office before auction end times.

If technical difficulties arise, the Core Banking Operations Team can be reached via email or phone. For other issues, the IDMD auction team can also be contacted. Ajit Prasad, Deputy General Manager of Communications, is the designated spokesperson for this press release (2026-2027/899).