On Wednesday, the Indian government successfully raised ₹24,000 crore (approximately $2.9 billion USD) through the auction of Treasury Bills (T-Bills), reflecting strong investor interest. The auction included ₹12,000 crore of 91-day T-Bills, ₹6,000 crore of 182-day T-Bills, and ₹6,000 crore of 364-day T-Bills. The 91-day T-Bill saw the highest demand, with competitive bids reaching ₹27,619.03 crore, indicating a subscription rate of over 2.3 times the notified amount. The cut-off yield for this tenor was set at 5.3398%, while the weighted average yield was slightly lower at 5.3254%. Similarly, the 182-day T-Bill attracted bids worth ₹25,462.30 crore, more than four times the issue size, with a cut-off yield of 5.5348%. Demand for the 364-day T-Bill was moderate, receiving bids of ₹8,950 crore against the notified amount of ₹6,000 crore, with a cut-off yield of 5.7688%. Overall, the auction demonstrated robust demand across all tenors, with healthy participation in both competitive and non-competitive segments.