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Govt plans to raise Rs 3.84 lakh crore by issuing short-term treasury bills in Q4
Dec-30-2025

The finance ministry has said that the government is planning to raise Rs 3.84 lakh crore by issuing short-term treasury bills during the fourth quarter of the current financial year. This borrowing program, spanning 12 weeks, aims to meet short-term funding requirements. 

The weekly auction would range between Rs 29,000 crore and Rs 35,000 crore. This planned issuance represents a decrease of Rs 10,000 compared to Rs 3.94 lakh crore raised during the corresponding quarter of the previous financial year. The government had issued an auction calendar of treasury bills worth Rs 2.47 lakh crore for the third quarter of the current financial year ending December 31, 2025.

The government, in consultation with the Reserve Bank of India (RBI), will have the flexibility to modify the indicated amount and timing for auction of Treasury Bills depending on the requirements, evolving market conditions and other relevant factors after giving due notice to the market. Thus, the calendar is subject to change, if circumstances so warrant, including for reasons such as intervening holidays. 


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