Mumbai, July 30 -- The Reserve Bank of India (RBI) successfully auctioned Rs 21,000 crore worth of Treasury Bills (T-Bills) across three tenors on July 23.

The 91-day T-Bill, the most closely watched segment, saw a cut-off yield of 5.3970%. The paper was auctioned for a notified amount of Rs 10,000 crore and attracted robust demand, with competitive bids worth Rs 25,879 crore pouring in, more than 2.5 times the issue size. A total of Rs 9,976 crore was accepted from 54 successful bids, while two bids were partially allotted at a rate of 43%. The weighted average yield (WAY) for the 91-day paper settled at 5.3859%, slightly below the cut-off.

In the 182-day T-Bill segment, the cut-off yield came in at 5.5206%, with the RBI accepting Rs 5...