This press release from the Reserve Bank of India (RBI) dated March 04, 2026, details the cut-off results for the 91-Day, 182-Day, and 364-Day Treasury Bill (T-Bill) auction.
For the 91-Day T-Bill, the Total Face Value Notified was ₹14,000 Crore, and the Total Face Value Accepted was also ₹14,000 Crore. The Cut-off Price was 98.6928, with an Implicit Yield at Cut-Off Price of 5.3126%.
For the 182-Day T-Bill, the Total Face Value Notified was ₹12,000 Crore, and the Total Face Value Accepted was also ₹12,000 Crore. The Cut-off Price was 97.3142, with an Implicit Yield at Cut-Off Price of 5.5350%.
For the 364-Day T-Bill, the Total Face Value Notified was ₹8,000 Crore, and the Total Face Value Accepted was also ₹8,000 Crore. The Cut-off Price was 94.7107, with an Implicit Yield at Cut-Off Price of 5.6000%.
The press release can be contacted via email at helpdoc@rbi.org.in or by phone at 022-2266 0502. The Department of Communication is located at the Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. The RBI's Hindi website is www.rbi.org.in/hindi and the English website is www.rbi.org.in. The press release number is 2025-2026/2208. Ajit Prasad, Deputy General Manager (Communications), is listed as the signatory.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for issuing currency, managing monetary policy, and regulating financial institutions. This entity is the primary subject of the press release, announcing auction results for T-Bills.
T-Bill Auction: The process by which the government issues Treasury Bills (short-term debt instruments) to raise funds. The press release details the cut-off prices and yields for various T-Bill tenors.
Department of Communication: The department within the Reserve Bank of India responsible for disseminating information, including press releases. It is the issuing authority for this document.
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
March 04, 2026
91-Day, 182-Day and 364-Day T-Bill Auction Result: Cut-off
T-Bill 91-Day 182-Day 364-Day
I. Total Face Value
₹14,000 Crore ₹12,000 Crore ₹8,000 Crore
Notified
II. Cut-off Price and
98.6928 97.3142 94.7107
Implicit Yield at
(YTM:5.3126%) (YTM: 5.5350%) (YTM: 5.6000%)
Cut-Off Price
III. Total Face Value
₹14,000 Crore ₹12,000 Crore ₹8,000 Crore
Accepted
Ajit Prasad
Press Release: 2025-2026/2208 Deputy General Manager
(Communications)