RBI Treasury Bills Auction 2026: 91, 182 and 364-Day T-Bills Announced
The Reserve Bank of India has officially announced the auction schedule for Government of India Treasury Bills across three distinct tenures totalling ₹24,000 crore. Eligible institutions, entities, and individual retail investors can participate in the upcoming auction through designated electronic platforms on September 30, 2026.
Overview of RBI Treasury Bills Auction 2026
The central bank manages government borrowing through short-term debt instruments known as Treasury Bills. This specific financial notification outlines the issuance of 91-day, 182-day, and 364-day instruments. Interested participants should review the notified amounts and respective tenures before placing their bids on the E-Kuber system.
Key Details Table
| Feature | Detail |
|---|---|
| Organization | Reserve Bank of India (RBI) |
| Announcement Type | Treasury Bills Auction |
| Total Notified Amount | ₹24,000 Crore |
| Auction Date | September 30, 2026 |
| Settlement Date | October 01, 2026 |
| Method of Auction | Price based using multiple price method |
| Official Website | https://www.rbi.org.in |
Breakdown of Treasury Bills and Notified Amounts
The total notified amount of ₹24,000 crore is distributed among three specific tenures to manage short-term liquidity within the Indian economy. The 91-day treasury bill carries a notified amount of ₹9,000 crore. Meanwhile, the 182-day treasury bill stands at ₹8,000 crore, and the 364-day treasury bill accounts for ₹7,000 crore of the total issuance.
Important Dates Schedule
| Event Description | Date |
|---|---|
| Auction Date (Bidding Day) | September 30, 2026 |
| Settlement Date (Payment Day) | October 01, 2026 |
Eligibility and Participation Guidelines
Eligible participants include State Governments, Union Territories with legislatures, eligible Provident Funds in India, designated Foreign Central Banks, and any other person or institution specified by the Reserve Bank of India. Furthermore, individual retail investors can participate on a non-competitive basis. The allocation for retail investors is restricted to a maximum of 5 percent of the total notified amount.
Bidding Timings and Process
The auction will employ a price-based format utilizing the multiple price method. All participants must submit their bids in electronic format on the Reserve Bank of India’s Core Banking Solution, known as the E-Kuber system, on September 30, 2026.
- Competitive Bids Timing: 10:30 AM to 11:30 AM
- Non-Competitive Bids Timing: 10:30 AM to 11:00 AM
Individual retail investors can place their non-competitive bids directly through the official Retail Direct portal at https://rbiretaildirect.org.in. Physical bids are strictly reserved for situations involving unexpected system failures and must be submitted to the Public Debt Office in the prescribed form before the closing of the auction window. Results of the auction will be officially announced on the exact day of the auction, with successful bidders required to complete their payment obligations by October 01, 2026.
Frequently Asked Questions
What is the total notified amount for the RBI Treasury Bills auction?
The total notified amount for the auction is ₹24,000 crore.
What are the tenures available in this Treasury Bills auction?
The auction includes 91-day, 182-day, and 364-day Treasury Bills.
When is the auction scheduled to take place?
The auction is scheduled for Wednesday, September 30, 2026.
How can individual retail investors place their bids?
Individual investors can place bids as per the non-competitive scheme through the Retail Direct portal at https://rbiretaildirect.org.in.
What is the settlement date for successful bidders?
Payment by successful bidders must be made on Thursday, October 01, 2026.
Official Links
Details are compiled from official notices. Always confirm eligibility, dates and fees on the official website before applying.