Treasury Bills

Banking system liquidity surplus narrowed to Rs 542 crore as tax outflows tightened cash availability, pushing the weighted average call rate closer to the RBI's MSF rate.

The yield on the benchmark 10-year government bond settled at 7.44 per cent, its highest level since November 4, 2022, against the previous close of 7.39 per cent

Treasury income fell at several major banks in Q2FY27 as bond yields climbed, weighing on other income and profits despite growth in net interest income across lenders.

Bank credit rose 19.38% to ₹230 trillion in September, while deposits grew 17.83% to ₹283.95 trillion; CareEdge expects higher borrowing costs to moderate lending growth.

The Centre will raise Rs 3.36 trillion through 91-day, 182-day and 364-day Treasury Bills in the July-September quarter, with 14 weekly auctions scheduled by the RBI

Rupee depreciated for second consecutive trading session post US President Trump's tariff proposes

The Reserve Bank on Wednesday rejected all bids for treasury bills offered at auction, as investors demanded yields that were 0.05-0.10 percentage points higher than those seen in previous auctions amid tight liquidity conditions in the banking system, market participants said. The central bank did not accept any investor bids for 91-day, 182-day and 364-day T-bills. The RBI announced the auction of short-term government securities on February 21. "Tight liquidity in the banking system has prompted investors to bid 0.05-0.10 per cent higher cut-off yields at the auction, which the RBI rejected," said Balasubramanian R, head of treasury at Dhanlaxmi Bank. The Government of India issues treasury bills (T-bills) as money market instruments that function as promissory notes, guaranteeing repayment at a later date. Typically, banks, primary dealers, retail investors, and institutional investors participate in these auctions. Treasury bills are short-term borrowing instruments with ...

Investors with regular income, short-term goals, and a strong need for capital preservation may go for T-Bills

"This is because the system liquidity surplus is almost Rs 3 trillion and there are expectations of a deeper rate cut," said Anshul Chandak, Head of Treasury at RBL Bank

Based on the findings of an external agency's probe, IndusInd has estimated an impact of 2.27% on its net worth as of December 2024

Pakistan has witnessed major outflows of foreign investment with just three countries withdrawing nearly USD 1 billion from the treasury bills during the current financial year. According to the State Bank of Pakistan, between July 1 and March 14 this fiscal year, inflows into T-bills totalled USD 1.163 billion while outflows stood at USD 1.121 billion, leaving a net balance of just USD 42 million. The withdrawal of USD 1 billion has left the outflows almost matching total inflows in Pakistan's fragile economy leading to investor caution despite attractive returns. The United Kingdom, traditionally Pakistan's largest T-bill investor, had invested USD 710 million during FY25 but withdrew USD 625 million. The United Arab Emirates and the United States recorded outflows of USD 205 million and USD 130 million, respectively. The Pakistan government to bring in foreign inflows has announced higher yields on its T-bills in comparison to most developed and developing economies. A financi

The cutoff yield on 3-month T-bill was set 1 bps higher due to tepid demand from mutual funds, said dealers

Net liquidity in the banking system was in a deficit of ₹2.32 trillion as of Thursday, and has been in deficit mode for the past fourteen consecutive weeks

Market participants said that the gross borrowing amount was higher than expected

The proceeds will be targeted at boosting consumption via subsidy programmes, equipment upgrades by businesses and funding investments in innovation-driven advanced sectors

The opposition-controlled parliament last month cut 4.1 trillion won from the government's proposed 677.4 trillion won ($473 billion) budget

Britain's Treasury chief Rachel Reeves said Friday that she is not satisfied by official figures showing the British economy's rebound from recession slowed down sharply in the third quarter of the year, with most sectors stagnating. The Office for National Statistics said growth during the July to September period was just 0.1 per cent. That was lower than the 0.5 per cent recorded in the previous three-month period and below market expectations for 0.2 per cent. The statistics agency said overall output in September actually shrank, a development that has further fueled accusations from critics of the new Labour government that its pessimism dragged the economy down in its first few weeks in office. On coming to power in July for the first time in 14 years, the government described its economic inheritance from the former Conservative administration as the bleakest in decades, requiring urgent action to fix the public finances. The Conservatives' Treasury spokesperson, Mel Stride,

Following the talks, India today granted Maldives a USD100 million Treasury bills roll over, in addition to both sides inking a USD 400 million and Rs 3,000 crore currency swap agreement

US bond yields rose, as traders booked profits after a recent fall, and as yields witnessed a floor. However, the possibility that the Fed could do another outsized rate cut remain intact

May borrow around Rs 6.3 trillion during the period