This is a press release from the Reserve Bank of India, dated January 21, 2026, regarding the cut-off results for the 91-Day, 182-Day and 364-Day T-Bill auction.
The total face value notified for the 91-Day T-Bill is ₹9,000 Crore, with a cut-off price of 98.6500 and an implicit yield at cut-off price of 5.4889%. The total face value accepted is ₹9,000 Crore.
For the 182-Day T-Bill, the total face value notified is ₹12,000 Crore, with a cut-off price of 97.2539 and an implicit yield at cut-off price of 5.6628%. The total face value accepted is ₹12,000 Crore.
For the 364-Day T-Bill, the total face value notified is ₹8,000 Crore, with a cut-off price of 94.6035 and an implicit yield at cut-off price of 5.7200%. The total face value accepted is ₹8,000 Crore.
The contact person for this press release is Ajit Prasad, Deputy General Manager (Communications). The Press Release number is 2025-2026/1958. RBI’s website is www.rbi.org.in, and the email address is helpdoc@rbi.org.in. The Department of Communication’s office is located at Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001, and the phone number is 022 - 2266 0502.
Key Entities Referenced
T-Bill: Treasury Bills, the subject of the auction results.
Reserve Bank of India: Central bank responsible for the T-Bill auction.
Mumbai: Location of the Reserve Bank of India's central office.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
January 21, 2026
91-Day, 182-Day and 364-Day T-Bill Auction Result: Cut-off
I. T-Bill 91-Day 182-Day 364-Day
II. Total Face Value Notified ₹9,000 Crore ₹12,000 Crore ₹8,000 Crore
Cut-off Price and Implicit 98.6500 97.2539 94.6035
III.
Yield at Cut-Off Price (YTM:5.4889%) (YTM: 5.6628%) (YTM: 5.7200%)
IV. Total Face Value Accepted ₹9,000 Crore ₹12,000 Crore ₹8,000 Crore
Ajit Prasad
Press Release: 2025-2026/1958 Deputy General Manager
(Communications)