**Summary:**
This press release from the Reserve Bank of India (RBI), dated August 20, 2025, announces the results of the auction for 91-day, 182-day, and 364-day Treasury Bills (T-Bills). The total face value notified was ₹10,000 crore for 91-day T-Bills, ₹6,000 crore for 182-day T-Bills, and ₹5,000 crore for 364-day T-Bills. The cutoff prices were ₹98.6510, ₹97.2950, and ₹94.7120 for the 91-day, 182-day, and 364-day T-Bills, respectively. The corresponding yield at cutoff price (YTM) was 5.4848% for the 91-day T-Bills, 5.5757% for the 182-day T-Bills, and 5.5986% for the 364-day T-Bills. The total face value accepted was ₹10,000 crore for 91-day T-Bills, ₹6,000 crore for 182-day T-Bills, and ₹5,000 crore for 364-day T-Bills.
For further information, contact Ajit Prasad, Deputy General Manager, Communications, at helpdocrbi.org.in or phone 022-2266 0502. The RBI's website is www.rbi.org.in. The press release number is 2025-2026/938, and the central office is located at Shahid Bhagat Singh Marg, Fort, Mumbai 400 001.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
91Day TBill: 91-day Treasury Bill, a short-term debt instrument issued by the government.
182Day TBill: 182-day Treasury Bill, a short-term debt instrument issued by the government.
364Day TBill: 364-day Treasury Bill, a short-term debt instrument issued by the government.
Mumbai, Maharashtra: City in Maharashtra, location of the Reserve Bank of India's Central Office.
Shahid Bhagat Singh Marg: Street address of the Reserve Bank of India's Central Office in Mumbai.
Ajit Prasad: Deputy General Manager in the Communications Department of the Reserve Bank of India.
Department of Communication: Department within the Reserve Bank of India responsible for communications.
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
August 20, 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 ₹10,000 Crore ₹6,000 Crore ₹5,000 Crore
Cut-off Price and Implicit 98.6510 97.2950 94.7120
III.
Yield at Cut-Off Price (YTM:5.4848%) (YTM: 5.5757%) (YTM: 5.5986%)
IV. Total Face Value Accepted ₹10,000 Crore ₹6,000 Crore ₹5,000 Crore
Ajit Prasad
Press Release: 2025-2026/938 Deputy General Manager
(Communications)