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RBI Schedules ₹19,000 Crore T‐Bill Auction May 28 and ₹36,000 Crore G‐Sec Sale May 30

The RBI will conduct auctions electronically using a multiple price method, retaining option to absorb additional subscriptions against each security.

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Overview

  • The RBI will auction ₹19,000 crore of 91-day, 182-day and 364-day Treasury Bills on May 28 for settlement on May 29.
  • T-Bill bids must be submitted via the central bank’s e-Kuber system under a price-based multiple price method.
  • On May 30, the RBI will reissue two dated government securities totalling ₹36,000 crore with an option to absorb up to ₹2,000 crore extra per security.
  • The May 30 auction features a ₹6,000 crore security maturing December 9, 2027, and a ₹30,000 crore note due May 5, 2035.
  • These operations follow the RBI’s March open market purchases of ₹1 lakh crore and a 25 basis point repo rate cut to support system liquidity.