{"id":75966,"date":"2025-08-18T17:45:12","date_gmt":"2025-08-18T17:45:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/75966\/"},"modified":"2025-08-18T17:45:12","modified_gmt":"2025-08-18T17:45:12","slug":"t-bills-undersubscribed-for-second-week-as-interest-rates-fall-to-10-13","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/75966\/","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\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.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=\"nofollow 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=\"nofollow 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":25697,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-75966","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/75966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=75966"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/75966\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/25697"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=75966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=75966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=75966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}