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TYPES OF TREASURY BILL: T-BILL

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(i) 14 – day T bill: This Treasury bill matures in 14 days and its auction is on every Friday of every week. The notified amount for this auction is Rs.100 crores.

(ii) 91 – day T bill: This Treasury bill matures in 91 days and its auction is on every Friday of every week. The notified amount for this auction is Rs.100 crores.

(iii) 182 – day T bill: This Treasury bill matures in 182 days and its auction takes place on every alternative Wednesday (which is not a reporting week). The notified amount for this auction is Rs.100 crores. 

(iv) 364 – day T – bill: This Treasury bill matures in 364 days and its auction takes place on every alternate Wednesday (which is a reporting week). The notified amount for this auction is Rs.500 crores. 

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