Mumbai, June 10 -- 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 yields declining across the curve amid strong investor demand.

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 126 competitive bids worth Rs 37,244.80 crore against the notified amount of Rs 12,000 crore. The cut-off price was set at Rs 98.6959, translating into a yield of 5.2998%.

The weighted average price stood at Rs 98.6972, while the weighted average yield came in at 5.2945%. The RBI accepted 35 competitive bids amounting to Rs 11,400 crore. Six bids received...