The Reserve Bank of India reported partial allotments across three Treasury Bill auctions held this week. At the 364-day auction, 54.7361 percent was allotted on eight bids, while the 182-day auction saw 67.4296 percent on one bid. The 91-day auction recorded 13.9795 percent allotment on two bids.
The Reserve Bank of India (RBI) has disclosed results of its latest Treasury Bill auctions, reflecting partial allotments across different maturities. These auctions are a key component of government borrowing and liquidity management, offering short-term instruments to investors. The allotment percentages highlight demand-supply dynamics and investor appetite for short-term sovereign debt.
Key highlights from the announcement include
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At the 364-day T-Bill auction, partial allotment stood at 54.7361 percent across eight bids.
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The 182-day auction recorded a partial allotment of 67.4296 percent on one bid.
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The 91-day auction saw 13.9795 percent allotment across two bids.
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Partial allotments indicate oversubscription or competitive bidding, where bids exceed available issuance.
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Treasury Bills remain a preferred instrument for banks, institutions, and corporates seeking secure short-term investments.
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The results reflect RBI’s calibrated approach to balancing liquidity and borrowing costs in the financial system.
These outcomes underscore the strong demand for government securities, with investors actively participating across maturities. The partial allotments highlight competitive bidding and reinforce the role of T-Bills as a cornerstone of India’s money market operations.
Sources: Reuters, RBI Auction Data