This press release from the Reserve Bank of India, dated December 17, 2025, announces the cut-off results for the 91-day, 182-day, and 364-day T-Bill auctions. The total face value notified for 91-Day T-Bill is ₹7,000 Crore, 182-Day T-Bill is ₹6,000 Crore and 364-Day T-Bill is ₹6,000 Crore. The cut-off price and implicit yield at cut-off are 98.7012 (YTM: 5.2780%) for 91-day, 97.3326 (YTM: 5.4961%) for 182-day, and 94.7963 (YTM: 5.5044%) for 364-day T-bills. The total face value accepted for 91-day, 182-day and 364-day T-bills is ₹7,000 Crore, ₹6,000 Crore and ₹6,000 Crore respectively.
For further information, contact Ajit Prasad, Deputy General Manager (Communications), at the Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001; Phone: 022 - 2266 0502 or visit Website: www.rbi.org.in or email helpdoc@rbi.org.in. The Press Release number is 2025-2026/1719.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
T-Bill: Treasury Bills; short-term debt instruments issued by the government.
Mumbai: Location of the Department of Communication, 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
December 17, 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 98.7012 97.3326 94.7963
III.
Yield at Cut-Off Price (YTM: 5.2780%) (YTM: 5.4961%) (YTM: 5.5044%)
IV. Total Face Value Accepted ₹7,000 Crore ₹6,000 Crore ₹6,000 Crore
Ajit Prasad
Press Release: 2025-2026/1719 Deputy General Manager
(Communications)