Mumbai, Oct. 23 -- Investor appetite for short-term government securities remained firm in the Reserve Bank of India's Treasury Bill auction held on 23 October 2025, with bids far exceeding the notified amounts across all maturities. Yields were broadly unchanged, reflecting stable liquidity conditions in the money market.

For the 91-day T-bill, the RBI received 76 bids worth Rs 20,721 crore against a notified amount of Rs 7,000 crore. The cut-off yield stood at 5.46%, with a weighted average yield (WAY) of 5.45%. The central bank accepted Rs 6,990.43 crore worth of bids.

The 182-day paper drew 63 bids totaling Rs 22,022.50 crore for Rs 6,000 crore on offer. The cut-off yield was 5.59%, and the WAY came in at 5.57%, with Rs 5,992.94 cro...