The Ministry of Finance on Monday released the auction calendar for Government of India Treasury Bills for the quarter ending March 2026, with a total amount of Rs 3.84 lakh crore.
The government plans to raise Rs 1.44 lakh crore through 91-day bills, Rs 1.44 lakh crore through 182-day treasury bills and Rs 96,000 crore through 364 days treasury bills.
Higher short-term borrowing cost
This marks an increase from the previous quarter (October-December 2025), where the total issuance stood at Rs 2.47 lakh crore, indicating higher short-term borrowing needs to manage government cash flows in the final quarter of fiscal year 2025-26.
What does the official notification say?
As per the official notification, the government and RBI retain flexibility to adjust the notified amounts, timing, or auction schedules based on evolving market conditions, government requirements, or intervening holidays. Any changes will be communicated through separate press releases, it added.