{"id":354724,"date":"2025-08-18T17:54:18","date_gmt":"2025-08-18T17:54:18","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/354724\/"},"modified":"2025-08-18T17:54:18","modified_gmt":"2025-08-18T17:54:18","slug":"t-bills-undersubscribed-for-second-week-as-interest-rates-fall-to-10-13","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/354724\/","title":{"rendered":"T-bills undersubscribed for second week as interest rates fall to 10.13%"},"content":{"rendered":"<p class=\"article-image\"><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/T-bills-undersubscribed-for-second-week-as-interest-rates-fall-to-10-13-1996634?gallery=1\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/97259954.295.jpg\" alt=\"Interest rates for 91-day bills fall to 10.13%\" title=\"Interest rates for 91-day bills fall to 10.13%\" width=\"295\" height=\"190\" \/> <\/a>Interest rates for 91-day bills fall to 10.13%<\/p>\n<p id=\"article-123\">The government&#8217;s latest Treasury Bill auction, held on August 15, 2025, resulted in an undersubscription of GH\u00a21.51 billion for the second consecutive week, as interest rates declined.<\/p>\n<p>The Bank of Ghana failed to meet its target of GH\u00a24.242 billion after accepting bids worth GH\u00a22.728 billion out of the GH\u00a23.009 billion received.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Cedi-now-sells-at-GH-10-65-to-1-on-interbank-market-1996621\" target=\"_blank\" rel=\"noopener\">Cedi now sells at GH\u00a210.65 to $1 on interbank market<\/a> <\/p>\n<p>The 91-day bill received bids worth GH\u00a22.059 billion, but only GH\u00a22.023 billion was accepted.<\/p>\n<p>For the 182-day bill, GH\u00a2678 million was accepted from the total of GH\u00a2537.69 million tendered.<\/p>\n<p><a href=\"https:\/\/www.ghanaweb.com\/GhanaHomePage\/business\/Only-250-000-jobs-created-for-2-7-million-new-workers-in-10-years-World-Bank-1996618\" target=\"_blank\" rel=\"noopener\">Only 250,000 jobs created for 2.7 million new workers in 10 years \u2013 World Bank<\/a> <\/p>\n<p>However, the 364-day bill saw a total of GH\u00a2272.58 million being tendered, but only GH\u00a2167.66 million was accepted.<\/p>\n<p>Interest rates have, however, seen a constant decline as the rates on the 91-day bills fell to 10.13% from last week&#8217;s 10.20%.<\/p>\n<p>The 182-day bill fell slightly to 12.23%, and the 364-day bill fell to 13.08%.<\/p>\n<p>The government, however, is targeting GH\u00a26.426 billion from the 91-day, 182-day, and 364-day bills in its next auction on August 22, 2025.<\/p>\n<p>SSD\/EB<\/p>\n","protected":false},"excerpt":{"rendered":"Interest rates for 91-day bills fall to 10.13% The government&#8217;s latest Treasury Bill auction, held on August 15,&hellip;\n","protected":false},"author":2,"featured_media":293990,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,16,15],"class_list":{"0":"post-354724","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115051054065725030","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/354724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=354724"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/354724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/293990"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=354724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=354724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=354724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}