Mumbai, Oct. 9 -- The government raised a total of Rs 19,000 crore through the auction of treasury bills on Wednesday, with yields largely steady across maturities amid firm investor demand.
According to RBI data, the auction comprised Rs 7,000 crore of 91-day T-Bills, Rs 6,000 crore of 182-day T-Bills, and Rs 6,000 crore of 364-day T-Bills.
The 91-day paper was sold at a cut-off yield of 5.43%, while the 182-day and 364-day bills were accepted at 5.55% each. Weighted average yields stood marginally lower at 5.42%, 5.54%, and 5.55%, respectively.
The auction drew strong participation from investors, with bids totaling Rs 23,183 crore for the 91-day tenor, Rs 26,065 crore for the 182-day, and Rs 28,392 crore for the 364-day paper -- ove...
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