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Wednesday, December 03, 2025 | 03:40 AM ISTहिंदी में पढें
3-month T-bill cutoff set higher than 1-year, inverses yield curve
The cutoff yield on 3-month T-bill was set 1 bps higher due to tepid demand from mutual funds, said dealers
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The net liquidity in the banking system was in a deficit of ₹1.57 trillion on Tuesday, according to the latest RBI data
The cutoff yield on the 91-day Treasury bill (T-bill) was set at 6.52 per cent on the weekly auction on Wednesday, higher than the 364-day T-bill auction, which was 6.47 per cent, resulting in inversion of the yield curve.
The cutoff yield for the 182 T-bill was also set at 6.52 per cent. While inversion between the 6-month and 1-year T-bills has been observed for an extended period, the inversion between the 91-day and 1-year T-bills occurred after a long gap.
Typically, the 364-day T-bill yield is higher than that of both the 91-day and 182-day.
The cutoff yield on
Topics : Treasury Bills Bonds
