Ask us anything about investing in government bonds, treasury bills (t-bills) and state development bonds (SDLs)

[Meher_Smaran]

Hi @Rohi51

Since the auction price is unknown, the exchanges block an extra amount, You’ll get the refund based on the yield discovered during the auctions.

Check this out

Buying TBills on Coin platform

You’ll get to know the actual price post the RBI auction and you can calculate the actual returns, here’s how. But broadly, the returns will be a few bps +/- of the indicative yield. Funds ins your trading account will be deducted. FV is 100 and you can invest in multiples of 100. Not sure what you mean. But I’m guessing you’re referring to this. When you submit a bid, since the auction price is unknown, the exchanges block an extra amount. Based on the actual yield discovered in the auct…