Mumbai, May 20 -- 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 tenors.

The RBI accepted the entire notified amount of Rs 12,000 crore for the 91-day Treasury Bills, Rs 6,000 crore for the 182-day Treasury Bills and Rs 6,000 crore for the 364-day Treasury Bills.

The cut-off price for the 91-day T-Bills was set at Rs 98.6416, translating into an implicit yield of 5.5236%.

For the 182-day T-Bills, the cut-off price stood at Rs 97.2125, corresponding to an implicit yield of 5.7506%.

Meanwhile, the 364-day T-Bills were auctioned at a cut-off price of Rs 94.3765, implying a yield of 5.9750%, close to the 6% mark.

Treasury Bills are short-term debt ins...