On October 23, 2025, the Reserve Bank of India released the cut-off results for the 91-day, 182-day, and 364-day T-Bill auctions.
The total face value notified was ₹7,000 Crore for 91-day, ₹6,000 Crore for 182-day, and ₹6,000 Crore for 364-day T-Bills.
The cut-off price and implicit yield at the cut-off price were:
- 91-Day: 98.6572 (YTM: 5.4593%)
- 182-Day: 97.2900 (YTM: 5.5863%)
- 364-Day: 94.7295 (YTM: 5.5790%)
The total face value accepted was ₹7,000 Crore for 91-day, ₹6,000 Crore for 182-day, and ₹6,000 Crore for 364-day T-Bills.
Contact:
Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001
Phone: 022 - 2266 0502
Website: www.rbi.org.in
Email: helpdoc@rbi.org.in
Ajit Prasad, Deputy General Manager (Communications)
Press Release: 2025-2026/1364
Key Entities Referenced
T-Bill: Treasury Bills, short-term debt instruments issued by the government.
Reserve Bank of India: The central bank of India.
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
October 23, 2025
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 ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore
Cut-off Price and Implicit 98.6572 97.2900 94.7295
III.
Yield at Cut-Off Price (YTM:5.4593%) (YTM: 5.5863%) (YTM: 5.5790%)
IV. Total Face Value Accepted ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore
Ajit Prasad
Press Release: 2025-2026/1364 Deputy General Manager
(Communications)