Mumbai, May 27 -- 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 the 364-day paper witnessing yields above the 6% mark.

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

The 91-day T-Bills attracted 91 competitive bids worth Rs 20,104.36 crore against the notified amount of Rs 12,000 crore. The cut-off price was set at Rs 98.6325, translating into a yield of 5.5611%.

The weighted average price stood at Rs 98.6403, while the weighted average yield came in at 5.5289%. The RBI accepted 66 competitive bids amounting to Rs 11,400 crore. Three bids receiv...