This is a press release from the Reserve Bank of India, dated February 18, 2026, regarding the cut-off results for the 91-Day, 182-Day, and 364-Day T-Bill Auction.
The total face value notified for 91-Day T-Bills was ₹14,000 Crore, for 182-Day T-Bills was ₹12,000 Crore, and for 364-Day T-Bills was ₹8,000 Crore. The cut-off price and implicit yield at cut-off price for 91-Day T-Bills was 98.6916 (YTM: 5.3176%), for 182-Day T-Bills was 97.3137 (YTM: 5.5361%), and for 364-Day T-Bills was 94.7110 (YTM: 5.5997%). The total face value accepted for 91-Day T-Bills was ₹14,000 Crore, for 182-Day T-Bills was ₹12,000 Crore, and for 364-Day T-Bills was ₹8,000 Crore.
The Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, Mumbai - 400 001. Phone: 022 - 2266 0502. The Deputy General Manager (Communications) is Ajit Prasad. The press release number is 2025-2026/2135. The RBI website is www.rbi.org.in and the email address is helpdoc@rbi.org.in.
Key Entities Referenced
Reserve Bank of India: Central bank of India, regulator of the monetary policy, and issuer of the press release.
T-Bill Auction: Auction of Treasury Bills with 91-day, 182-day, and 364-day tenors.
Mumbai: Location of Reserve Bank of India 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
February 18, 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 Notified ₹14,000 Crore ₹12,000 Crore ₹8,000 Crore
Cut-off Price and Implicit 98.6916 97.3137 94.7110
II.
Yield at Cut-Off Price (YTM:5.3176%) (YTM: 5.5361%) (YTM: 5.5997%)
III. Total Face Value Accepted ₹14,000 Crore ₹12,000 Crore ₹8,000 Crore
Ajit Prasad
Press Release: 2025-2026/2135 Deputy General Manager
(Communications)