India To Auction ₹240 Billion Worth Of Treasury Bills On May 6

The Reserve Bank of India (RBI), on behalf of the government, announced the auction schedule as part of its regular debt management program. Treasury bills remain a key instrument for raising short-term funds while providing investors with safe, liquid investment options.

Auction Details

The auction will comprise three maturities 91-day, 182-day, and 364-day bills totaling ₹240 billion. These instruments are widely subscribed by banks, financial institutions, and mutual funds, given their low-risk profile and assured returns.

Market Impact

Analysts expect strong demand for the issuance, particularly in the shorter-tenor segment, as liquidity conditions remain stable. The auction is also seen as part of the government’s broader fiscal management strategy to balance borrowing costs and market stability.

Key highlights

• Total auction size ₹240 billion
• 91-day T-bills worth ₹120 billion
• 182-day T-bills worth ₹60 billion
• 364-day T-bills worth ₹60 billion
• Supports short-term borrowing and liquidity management

Sources: RBI, Reuters, Economic Times