The Government of India will auction treasury bills worth ₹340 billion on March 4, according to the Reserve Bank of India (RBI). The auction includes ₹140 billion of 91-day bills, ₹120 billion of 182-day bills, and ₹80 billion of 364-day bills, aimed at managing short-term funding requirements.
India’s Ministry of Finance, through the Reserve Bank of India (RBI), has announced a treasury bill auction scheduled for March 4, totaling ₹340 billion. The issuance is part of the government’s regular borrowing program to meet short-term liquidity needs and manage fiscal operations efficiently.
The auction will cover three maturities 91-day, 182-day, and 364-day bills providing investors with varied options for short-term investments. Treasury bills remain a critical instrument for managing government cash flows while offering safe, short-duration investment opportunities to institutional and retail investors.
Key Highlights
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Total Auction Size: ₹340 billion
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91-Day T-Bills: ₹140 billion
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182-Day T-Bills: ₹120 billion
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364-Day T-Bills: ₹80 billion
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Purpose: To meet short-term funding requirements and manage fiscal liquidity
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Investor Benefit: Safe, short-term investment option backed by government security
This auction underscores India’s continued reliance on treasury bills as a vital tool for fiscal management and liquidity balancing in the financial system.
Sources: Reuters, Reserve Bank of India (RBI)