**Summary:**
On September 10, 2025, the Reserve Bank of India (RBI) released the results of the 91-day, 182-day, and 364-day Treasury Bill (T-Bill) auctions. 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 ₹98.6461, ₹97.2753, and ₹94.6491 for the 91-day, 182-day, and 364-day T-Bills, respectively. The corresponding Yield to Maturity (YTM) at the cutoff prices were 5.5050%, 5.6174%, and 5.6689%. 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. This press release was issued by Ajit Prasad, Deputy General Manager, Communications. The Department of Communication, Central Office, Reserve Bank of India can be contacted at Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001, via email at helpdoc@rbi.org.in, or by phone at 022 2266 0502. The RBI website is www.rbi.org.in.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system.
Mumbai, Maharashtra: City in India where the Central Office of the Reserve Bank of India is located.
TBill: Treasury Bill; a short-term debt instrument issued by the government.
91Day TBill: A treasury bill with a maturity period of 91 days.
182Day TBill: A treasury bill with a maturity period of 182 days.
364Day TBill: A treasury bill with a maturity period of 364 days.
Ajit Prasad: Deputy General Manager, Communications at Reserve Bank of India
Shahid Bhagat Singh Marg: Location of the Central Office of the Reserve 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
September 10, 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 98.6461 97.2753 94.6491
III.
Yield at Cut-Off Price (YTM:5.5050%) (YTM: 5.6174%) (YTM: 5.6689%)
IV. Total Face Value Accepted ₹10,000 Crore ₹6,000 Crore ₹5,000 Crore
Ajit Prasad
Press Release: 2025-2026/1070 Deputy General Manager
(Communications)