RBI announces auction of ₹24,000 crore Treasury Bills on June 17

The Reserve Bank of India (RBI) has announced the auction of Government of India Treasury Bills worth ₹24,000 crore, scheduled for June 17, 2026. The auction will include 91-day bills for ₹12,000 crore, 182-day bills for ₹6,000 crore, and 364-day bills for ₹6,000 crore. Settlement for the auction will take place on June 18, 2026.

The sale will adhere to the terms outlined in the General Notification dated March 26, 2025, issued by the Government of India. Eligible participants include state governments, union territories with legislatures, designated foreign central banks, provident funds, and retail investors. Retail investors can bid through the RBI's Retail Direct portal, with allocations capped at 5% of the notified amount.

The auction will follow a price-based, multiple price method. Competitive bids can be submitted electronically via the RBI's E-Kuber system between 10:30 AM and 11:30 AM, while non-competitive bids are allowed until 11:00 AM on June 17. Results will be announced the same day, and successful bidders must make payments by June 18.

In case of system failures, physical bids will be accepted at the Public Debt Office within the prescribed timeline. Forms for physical bids are available on the RBI website. For technical or auction-related issues, RBI has provided dedicated contact details.

This auction is part of the government's regular borrowing program, aimed at managing liquidity and funding fiscal operations efficiently.

Source: Reserve Bank of India press release, Fri, 12 Jun 2026 19:20:00. http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=62927