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

The Reserve Bank of India announced the auction of Government of India Treasury Bills on November 18, 2026, as detailed in the General Notification F.No.4(2)-B(W&M)/2018. The total amount to be auctioned is ₹23,000 crore, with three different durations: 91-day, 182-day, and 364-day bills, each earmarked for ₹8,000 crore.

Eligible participants include State Governments, Union Territories with legislatures, eligible Provident Funds in India, designated Foreign Central Banks, and any other entities specified by the Bank. Retail investors can also participate on a non-competitive basis, with their allocation capped at a maximum of 5 percent of the notified amount. Individual investors can place bids through the Retail Direct portal.

The auction will be conducted via the E-Kuber system, with bids to be submitted on Wednesday, November 18, 2026, during two specific time slots: competitive bidding from 10:30 am - 11:30 am and non-competitive bidding from 10:30 am - 11:00 am. Results will be announced on the auction day itself. Successful bidders must make payment by Thursday, November 19, 2026. In case of a system failure, physical bids can be submitted to the Public Debt Office before the auction ends.

For technical difficulties, the Core Banking Operations Team can be contacted, while general auction-related issues should be addressed to the IDMD auction team. For further information, individuals can visit the RBI website.