Mumbai, June 17 -- The Reserve Bank of India on Wednesday raised Rs 24,000 crore through the auction of Treasury Bills across 91-day, 182-day and 364-day maturities, with strong investor demand and declining yields across all three tenors.

The RBI had notified Rs 12,000 crore of 91-day Treasury Bills and Rs 6,000 crore each of 182-day and 364-day Treasury Bills.

The 91-day T-Bills attracted 110 competitive bids worth Rs 32,155.70 crore against the notified amount of Rs 12,000 crore. The cut-off price was set at Rs 98.7055, translating into a yield of 5.2603%.

The weighted average price stood at Rs 98.7088, while the weighted average yield came in at 5.2467%. The RBI accepted 59 competitive bids amounting to Rs 11,400 crore. One bid rec...