Mumbai, July 29 -- The Reserve Bank of India (RBI) on Wednesday raised Rs 24,000 crore through the auction of Treasury Bills across 91-day, 182-day and 364-day maturities.

The RBI had notified Rs 9,000 crore of 91-day Treasury Bills, Rs 8,000 crore of 182-day Treasury Bills and Rs 7,000 crore of 364-day Treasury Bills.

The 91-day Treasury Bills attracted 89 competitive bids worth Rs 18,366.09 crore against the notified amount of Rs 9,000 crore. The cut-off price was set at Rs 98.6861, translating into a yield of 5.3402%.

The weighted average price stood at Rs 98.6894, while the weighted average yield came in at 5.3266%. The RBI accepted 52 competitive bids amounting to Rs 8,973.44 crore. Four bids at the cut-off price received a pro-ra...