Mumbai, July 15 -- 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.

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 T-Bills attracted 99 competitive bids worth Rs 24,158.45 crore against the notified amount of Rs 9,000 crore. The cut-off price was set at Rs 98.6880, translating into a yield of 5.3324%.

The weighted average price stood at Rs 98.6905, while the weighted average yield came in at 5.3221%. The RBI accepted 43 competitive bids amounting to Rs 8,982.96 crore. Two bids at the cut-off price received a pro-rata allotment o...