{"id":97140,"date":"2025-10-05T13:53:47","date_gmt":"2025-10-05T13:53:47","guid":{"rendered":"https:\/\/sotnews.agency\/?p=97140"},"modified":"2025-10-05T13:53:47","modified_gmt":"2025-10-05T13:53:47","slug":"t-bills-auction-government-fails-to-meet-target-again-but-interest-rates-decreased-marginally","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=97140","title":{"rendered":"T-bills auction: Government fails to meet target again, but interest rates decreased marginally"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>1 Minute, 5 Second                <\/div>\n\n            <\/div><div>\n<p>Investors continued to shift their investments into Bank of Ghana bills and fixed deposits, as they prefer financial instruments with higher returns.<\/p>\n<p>According to auction results by the Bank of Ghana, the government failed to meet its target for the second week running. It was actually undersubscribed by 30%.<\/p>\n<p>The Treasury received GH\u00a22.59 billion of the total bids, but accepted GH\u00a22.57 billion.<\/p>\n<p>A little over 78% of the bids came from the 91-day bill. About GH\u00a22.028 billion of the bids were tendered.<\/p>\n<p>The uptake was GH\u00a22.023 billion.<\/p>\n<p>For the 182-day bill, GH\u00a2394.4 million of the bids were tendered. This was lower than the bids tendered last week.<\/p>\n<p>The bids accepted were estimated to the tune of GH\u00a2389.4 million.<\/p>\n<p>Also, GH\u00a2170.6 million of the bids were tendered for the 364-day bill. About GH\u00a2165.6 million of the bids were accepted.<\/p>\n<p>Meanwhile, interest rates went down marginally on the yield curve.<\/p>\n<p>The yield on the 91-day bill reduced by 3.0 basis points to 10.47%.<\/p>\n<p>However, that of the 182-day bill decreased to 12.35% from 12.39% the preceding week.<\/p>\n<p>Additionally, the yield on the 364-day bill declined by 2.0 basis points to 12.87%.<\/p>\n<\/div>\n        <div class=\"booster-block booster-reactions-block\">\n            <div class=\"twp-reactions-icons\">\n                \n                <div class=\"twp-reacts-wrap\">\n                    <a react-data=\"be-react-1\" post-id=\"97140\" class=\"be-face-icons un-reacted\" href=\"javascript:void(0)\">\n                        <img decoding=\"async\" src=\"https:\/\/sotnews.agency\/wp-content\/plugins\/booster-extension\/\/assets\/icon\/happy.svg\" alt=\"Happy\">\n                    <\/a>\n                    <div class=\"twp-reaction-title\">\n                        Happy   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class=\"be-face-icons un-reacted\" href=\"javascript:void(0)\">\n                        <img decoding=\"async\" src=\"https:\/\/sotnews.agency\/wp-content\/plugins\/booster-extension\/\/assets\/icon\/surprise.svg\" alt=\"Surprise\">\n                    <\/a>\n                    <div class=\"twp-reaction-title\">Surprise<\/div>\n                    <div class=\"twp-count-percent\">\n                                                    <span style=\"display: none;\" class=\"twp-react-count\">0<\/span>\n                                                                        <span class=\"twp-react-percent\"><span>0<\/span> %<\/span>\n                                            <\/div>\n                <\/div>\n\n            <\/div>\n        <\/div>\n\n    ","protected":false},"excerpt":{"rendered":"<div><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2020\/09\/treasury-bills-150x150.png\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"T-bills auction: Government fails to meet target again, but interest rates decreased marginally\" loading=\"lazy\" title=\"T-bills auction: Government fails to meet target again, but interest rates decreased marginally\">Meanwhile, interest rates went down marginally on the yield curve.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2058,2059,2972,12,319,2208,3953,10,9,2060],"tags":[],"class_list":["post-97140","post","type-post","status-publish","format-standard","hentry","category-182-day","category-364-day","category-91-day","category-business","category-economy","category-hp-business-2","category-interest-rates","category-politics","category-popular","category-t-bills"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/97140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=97140"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/97140\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}