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, totaling ₹23,000 crore. The auction consists of three types of bills: 91-day, 182-day, and 364-day bills, each with a notified amount of ₹8,000 crore. The auction dates are November 04, 2026, for the 91-day bill, November 04, 2026, for the 182-day bill, and no specific date mentioned for the 364-day bill. Settlement dates for the bills are November 05, 2026, for all three bills.

The auction will follow a price-based multiple price method, with bids to be submitted electronically through Reserve Bank of India’s Core Banking Solution (E-Kuber system). The competitive bidding window is from 10:30 am to 11:30 am, while non-competitive bidding will be open from 10:30 am to 11:00 am. Retail investors are allowed to participate as well, with a maximum allocation limit of 5 percent of the notified amount. Individual investors can also bid through the Retail Direct portal.

Successful bidders must make payment by Thursday, November 05, 2026. In case of system failure, physical bids can be submitted to the Public Debt Office within the auction timing. The RBI website provides the prescribed form for physical bids. The auction will be subject to the terms and conditions outlined in the General Notification F.No.4(2)-B(W&M)/2018, issued by the Government of India.