T-bill full results (Oct 7): 91-day bill drew ₹38,721 crore for ₹8,000 crore
The 91-day bill drew nearly five times the amount sought. Non-competitive bids worth ₹4,450 crore were accepted across the three bills.
Official title: Treasury Bills: Full Auction Result · Press Release 2026-2027/1269
What happened
These are the full results of the October 7, 2026 Treasury bill auction. Competitive bids came to ₹38,721 crore for the 91-day bill (₹8,000 crore sought), ₹20,045 crore for the 182-day (₹8,000 crore) and ₹13,596 crore for the 364-day (₹7,000 crore). The 91-day bill drew almost five times the amount sought.
Cut-off yields were 5.5747%, 6.0999% and 6.2869%. Average winning yields were 5.5607%, 6.0645% and 6.2587%. Non-competitive bids, from small investors and bodies like states, were accepted for ₹2,600 crore, ₹1,000 crore and ₹850 crore, about 92% to 97% of what they asked for.
What it means for you
Non-competitive bidders got most of what they asked for. If you want to lend to the government yourself, individuals can bid in these auctions through the RBI Retail Direct portal.
What it means for businesses
Strong demand for short bills shows plenty of cash looking for a safe short-term home.
Read the original
Press release on rbi.org.in ↗ Official PDF ↗
This explainer simplifies the official text. If anything here differs from the RBI's release, the release is right.