The Government of India, in consultation with the Reserve Bank of India (RBI), has released the Treasury Bills (T-Bills) auction calendar for the July-September 2026 quarter. The calendar outlines the government’s weekly borrowing plan through short-term securities.
A total of 14 weekly auctions will be held from July 1 to September 30, 2026. Each auction will include 91-day, 182-day and 364-day Treasury Bills, with securities issued one day after the auction.
Every weekly auction will raise Rs 24,000 crore, comprising Rs 9,000 crore through 91-day T-Bills, Rs 8,000 crore through 182-day T-Bills and Rs 7,000 crore through 364-day T-Bills. The notified amounts remain the same for all 14 auctions.
For the full quarter, the government plans to borrow Rs 3.36 lakh crore through Treasury Bills. This includes Rs 1.26 lakh crore via 91-day T-Bills, Rs 1.12 lakh crore through 182-day T-Bills and Rs 98,000 crore through 364-day T-Bills.
The government said it may revise the auction size or schedule depending on funding requirements, market conditions or other factors, including intervening holidays. Any changes will be announced separately through official press releases.
All Treasury Bill auctions will be conducted under the terms and conditions of the Government of India’s General Notification dated March 26, 2025, as amended from time to time.
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