What changed

The Reserve Bank of India (RBI) has released the results of its Treasury Bills auction held on March 25, 2026, for 91, 182, and 364-day maturities. The document provides specific figures for the notified amounts, the volume and number of competitive bids received, and the details of non-competitive bids. It also indicates that cut-off prices/yields and accepted competitive bids were not applicable or not detailed in this specific release.

This information is primarily for market participants and investors involved in Indian government securities. While there are no immediate compliance actions required for most entities, financial institutions and investors should note these results for their portfolio management and investment strategies. The data reflects the market's participation and the RBI's issuance of short-term debt instruments.

Source document (simplified)

Press Releases

| () | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Date : Mar 25, 2026 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Treasury Bills: Full Auction Result | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | \| (Amount in ₹ crore) \| \| \| \| \|
\| Auction Results \| \| 91-Day \| 182-Day \| 364-Day \|
\| I. \| Notified Amount \| 15,000 \| 12,000 \| 8,000 \|
\| II. \| Competitive Bids Received \| \| \| \|
\| (i) Number \| 79 \| 104 \| 90 \| \|
\| (ii) Amount \| 21,698.350 \| 28,775.900 \| 15,675.100 \| \|
\| III. \| Cut-off price / Yield \| - \| - \| - \|
\| - \| - \| - \| \| \|
\| IV. \| Competitive Bids Accepted \| \| \| \|
\| (i) Number \| - \| - \| - \| \|
\| (ii) Amount \| - \| - \| - \| \|
\| V. \| Partial Allotment Percentage of Competitive Bids \| - \| - \| - \|
\| - \| - \| - \| \| \|
\| VI. \| Weighted Average Price/Yield \| - \| - \| - \|
\| - \| - \| - \| \| \|
\| VII. \| Non-Competitive Bids Received \| \| \| \|
\| (i) Number \| 4 \| 3 \| 3 \| \|
\| (ii) Amount \| 3,023.890 \| 7.660 \| 70.084 \| \|
\| VIII. \| Non-Competitive Bids Accepted \| \| \| \|
\| (i) Number \| - \| - \| - \| \|
\| (ii) Amount \| - \| - \| - \| \|
\| (iii) Partial Allotment Percentage \| - \| - \| - \| \|
Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2025-2026/2324 | (Amount in ₹ crore) | | | | | Auction Results | | 91-Day | 182-Day | 364-Day | I. | Notified Amount | 15,000 | 12,000 | 8,000 | II. | Competitive Bids Received | | | | (i) Number | 79 | 104 | 90 | (ii) Amount | 21,698.350 | 28,775.900 | 15,675.100 | III. | Cut-off price / Yield | - | - | - | - | - | - | IV. | Competitive Bids Accepted | | | | (i) Number | - | - | - | (ii) Amount | - | - | - | V. | Partial Allotment Percentage of Competitive Bids | - | - | - | - | - | - | VI. | Weighted Average Price/Yield | - | - | - | - | - | - | VII. | Non-Competitive Bids Received | | | | (i) Number | 4 | 3 | 3 | (ii) Amount | 3,023.890 | 7.660 | 70.084 | VIII. | Non-Competitive Bids Accepted | | | | (i) Number | - | - | - | (ii) Amount | - | - | - | (iii) Partial Allotment Percentage | - | - | - |
| (Amount in ₹ crore) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Auction Results | | 91-Day | 182-Day | 364-Day | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| I. | Notified Amount | 15,000 | 12,000 | 8,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| II. | Competitive Bids Received | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (i) Number | 79 | 104 | 90 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (ii) Amount | 21,698.350 | 28,775.900 | 15,675.100 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| III. | Cut-off price / Yield | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| IV. | Competitive Bids Accepted | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (i) Number | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (ii) Amount | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| V. | Partial Allotment Percentage of Competitive Bids | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| VI. | Weighted Average Price/Yield | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| VII. | Non-Competitive Bids Received | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (i) Number | 4 | 3 | 3 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (ii) Amount | 3,023.890 | 7.660 | 70.084 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| VIII. | Non-Competitive Bids Accepted | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (i) Number | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (ii) Amount | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (iii) Partial Allotment Percentage | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (Amount in ₹ crore) | | | | |
| Auction Results | | 91-Day | 182-Day | 364-Day |
| I. | Notified Amount | 15,000 | 12,000 | 8,000 |
| II. | Competitive Bids Received | | | |
| (i) Number | 79 | 104 | 90 | |
| (ii) Amount | 21,698.350 | 28,775.900 | 15,675.100 | |
| III. | Cut-off price / Yield | - | - | - |
| - | - | - | | |
| IV. | Competitive Bids Accepted | | | |
| (i) Number | - | - | - | |
| (ii) Amount | - | - | - | |
| V. | Partial Allotment Percentage of Competitive Bids | - | - | - |
| - | - | - | | |
| VI. | Weighted Average Price/Yield | - | - | - |
| - | - | - | | |
| VII. | Non-Competitive Bids Received | | | |
| (i) Number | 4 | 3 | 3 | |
| (ii) Amount | 3,023.890 | 7.660 | 70.084 | |
| VIII. | Non-Competitive Bids Accepted | | | |
| (i) Number | - | - | - | |
| (ii) Amount | - | - | - | |
| (iii) Partial Allotment Percentage | - | - | - | |
Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2025-2026/2324 | (Amount in ₹ crore) | | | | | Auction Results | | 91-Day | 182-Day | 364-Day | I. | Notified Amount | 15,000 | 12,000 | 8,000 | II. | Competitive Bids Received | | | | (i) Number | 79 | 104 | 90 | (ii) Amount | 21,698.350 | 28,775.900 | 15,675.100 | III. | Cut-off price / Yield | - | - | - | - | - | - | IV. | Competitive Bids Accepted | | | | (i) Number | - | - | - | (ii) Amount | - | - | - | V. | Partial Allotment Percentage of Competitive Bids | - | - | - | - | - | - | VI. | Weighted Average Price/Yield | - | - | - | - | - | - | VII. | Non-Competitive Bids Received | | | | (i) Number | 4 | 3 | 3 | (ii) Amount | 3,023.890 | 7.660 | 70.084 | VIII. | Non-Competitive Bids Accepted | | | | (i) Number | - | - | - | (ii) Amount | - | - | - | (iii) Partial Allotment Percentage | - | - | - |
| | (Amount in ₹ crore) | | | | |
| Auction Results | | 91-Day | 182-Day | 364-Day |
| I. | Notified Amount | 15,000 | 12,000 | 8,000 |
| II. | Competitive Bids Received | | | |
| (i) Number | 79 | 104 | 90 | |
| (ii) Amount | 21,698.350 | 28,775.900 | 15,675.100 | |
| III. | Cut-off price / Yield | - | - | - |
| - | - | - | | |
| IV. | Competitive Bids Accepted | | | |
| (i) Number | - | - | - | |
| (ii) Amount | - | - | - | |
| V. | Partial Allotment Percentage of Competitive Bids | - | - | - |
| - | - | - | | |
| VI. | Weighted Average Price/Yield | - | - | - |
| - | - | - | | |
| VII. | Non-Competitive Bids Received | | | |
| (i) Number | 4 | 3 | 3 | |
| (ii) Amount | 3,023.890 | 7.660 | 70.084 | |
| VIII. | Non-Competitive Bids Accepted | | | |
| (i) Number | - | - | - | |
| (ii) Amount | - | - | - | |
| (iii) Partial Allotment Percentage | - | - | - | |
Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2025-2026/2324 | (Amount in ₹ crore) | | | | | Auction Results | | 91-Day | 182-Day | 364-Day | I. | Notified Amount | 15,000 | 12,000 | 8,000 | II. | Competitive Bids Received | | | | (i) Number | 79 | 104 | 90 | (ii) Amount | 21,698.350 | 28,775.900 | 15,675.100 | III. | Cut-off price / Yield | - | - | - | - | - | - | IV. | Competitive Bids Accepted | | | | (i) Number | - | - | - | (ii) Amount | - | - | - | V. | Partial Allotment Percentage of Competitive Bids | - | - | - | - | - | - | VI. | Weighted Average Price/Yield | - | - | - | - | - | - | VII. | Non-Competitive Bids Received | | | | (i) Number | 4 | 3 | 3 | (ii) Amount | 3,023.890 | 7.660 | 70.084 | VIII. | Non-Competitive Bids Accepted | | | | (i) Number | - | - | - | (ii) Amount | - | - | - | (iii) Partial Allotment Percentage | - | - | - | |
| (Amount in ₹ crore) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| Auction Results | | 91-Day | 182-Day | 364-Day | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| I. | Notified Amount | 15,000 | 12,000 | 8,000 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| II. | Competitive Bids Received | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (i) Number | 79 | 104 | 90 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (ii) Amount | 21,698.350 | 28,775.900 | 15,675.100 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| III. | Cut-off price / Yield | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| IV. | Competitive Bids Accepted | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (i) Number | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (ii) Amount | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| V. | Partial Allotment Percentage of Competitive Bids | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| VI. | Weighted Average Price/Yield | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| VII. | Non-Competitive Bids Received | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (i) Number | 4 | 3 | 3 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (ii) Amount | 3,023.890 | 7.660 | 70.084 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| VIII. | Non-Competitive Bids Accepted | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (i) Number | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (ii) Amount | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (iii) Partial Allotment Percentage | - | - | - | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |