Mumbai, Aug. 13 -- The Reserve Bank of India (RBI) on Wednesday completed its latest auction of Treasury Bills (T-Bills), raising a total of Rs 21,000 crore across three maturities, with yields showing a marginal uptick.
According to auction data released by the central bank, the sale comprised Rs 10,000 crore of 91-day bills, Rs 6,000 crore of 182-day bills, and Rs 5,000 crore of 364-day bills, in line with the notified amounts.
Demand remained strong, with competitive bids totaling Rs 26,050.09 crore for 91-day bills, Rs 20,020.50 crore for 182-day bills, and Rs 20,723 crore for 364-day bills. However, only a portion of these bids were accepted: Rs 9,979.02 crore, Rs 5,979.49 crore, and Rs 4,979.57 crore respectively.
Cut-off yields ...
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