On April 22, 2026, India's Treasury Bill auction saw robust demand, particularly for shorter tenors, leading to eased yields. The government offered ₹12,000 crore for 91-day T-bills, which received bids of ₹33,670.2 crore, resulting in a cut-off yield of 5.2150%.

• 01The 91-day T-bill attracted bids of ₹33,670.2 crore against ₹12,000 crore offered.
• 02The cut-off yield for the 91-day T-bill was 5.2150%, reflecting strong investor interest.
• 03The 182-day T-bill received bids worth ₹26,290.2 crore, with a cut-off yield of 5.4700%.
• 04The 364-day T-bill had moderate demand, with bids of ₹12,150.2 crore and a cut-off yield of 5.5990%.
• 05Partial allotments were noted across tenors, particularly in the 364-day segment.

The strong demand for Treasury Bills indicates a healthy appetite among investors, which could lead to more favorable borrowing conditions for the government and potentially lower interest rates for consumers.