The Government of India will auction ₹290 billion worth of Treasury Bills on January 14, 2026. The issuance includes ₹80 billion of 364-day bills, ₹120 billion of 182-day bills, and ₹90 billion of 91-day bills. The auctions, conducted by the RBI, aim to meet short-term funding needs efficiently.
The Reserve Bank of India (RBI), on behalf of the Government of India, has announced the auction of Treasury Bills (T-bills) worth ₹290 billion scheduled for January 14, 2026. These short-term debt instruments are a key tool for managing the government’s immediate financing requirements while offering investors assured returns.
According to the auction calendar, the issuance will be spread across three maturities:
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₹80 billion in 364-day T-bills
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₹120 billion in 182-day T-bills
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₹90 billion in 91-day T-bills
The auctions are part of the broader Q1 FY2026 borrowing program, under which the government plans to raise ₹3.84 trillion through weekly T-bill auctions between January and March 2026. Investors can participate with a minimum investment of ₹25,000, and returns are treated as short-term capital gains.
Key Highlights:
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Auction Date: January 14, 2026
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Total Amount: ₹290 billion
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Breakdown: 91-day (₹90B), 182-day (₹120B), 364-day (₹80B)
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Purpose: Short-term funding for government expenditure
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Investor Note: Minimum investment ₹25,000; taxed as short-term capital gains
This auction reflects India’s continued reliance on short-term debt instruments to balance fiscal needs while offering safe investment avenues.
Sources: Reserve Bank of India press release, Moneycontrol, ANI News