India’s government will auction Treasury Bills worth ₹290 billion on February 4, according to Reuters. The issuance includes 91-day, 182-day, and 364-day maturities, aimed at meeting short-term funding needs. The auction reflects the government’s liquidity management strategy and provides investors opportunities in secure, short-duration instruments.
India’s Ministry of Finance has announced plans to auction Treasury Bills totaling ₹290 billion on February 4, as part of its regular borrowing program. The issuance will be spread across three maturities—91-day, 182-day, and 364-day bills—providing investors with diversified short-term investment options.
The auction underscores the government’s focus on balancing fiscal requirements with liquidity management, while offering market participants safe and flexible avenues for deployment of funds.
Key Highlights:
Total Auction Size: ₹290 billion worth of Treasury Bills.
Breakdown by Tenor:
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₹90 billion in 91-day T-Bills.
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₹120 billion in 182-day T-Bills.
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₹80 billion in 364-day T-Bills.
Purpose: Short-term funding and liquidity management.
Investor Appeal: Secure, short-duration instruments with predictable returns.
Market Context: Auctions align with India’s fiscal strategy and support money market stability.
The upcoming auction is expected to attract strong investor interest, particularly from banks, mutual funds, and institutional investors seeking low-risk instruments amid evolving market conditions.
Sources: Reuters, Ministry of Finance (India).