RBI auctioned 182 - day Treasury Bills today (September 2). The notified amount for the auction was Rs 25 billion. The multiple price-based auctions for the bills remained oversubscribed. RBI received 96 competitive bids worth Rs 85.20 billion for the bills. However, it accepted only 17 bids for the notified amount.

The cut-off price determined at Rs 95.67 offered ytm (yield to maturity) of 9.08%. 

The weighted average price worked out to Rs 95.68 while the partial allotment percentage of competitive bids was 47.83 from 8 bids.

However, the apex bank did not receive any non-competitive bid for the bills.