"Yields remain steady in underwhelming Treasury bill auction"

" Yields remain steady in underwhelming Treasury bill auction \r\n\r\nThe government fell short of its Treasury bills auction target by GH\u00a2484.26 million compared to an excess of GH\u00a2595.67 million in the previous week .\r\n\r\nThe 91-Day bills received the highest subscription rate of 82% while the 182-Day bill and 364-Day bill had a \u00a0subscription rate of 15% and 3% respectively.\r\n\r\nAccepted bids equalled tendered bids as GH\u00a21,581.49 million was raised in 91-Day Bills, GH\u00a2292.43 million in 182-Day Bills, and \u00a0GH\u00a256.82 million in 364-Day Bills.\r\n\r\nThe acceptance rate increased by \u00a0 42bps to close the week at 100%.\r\n\r\nYields settled at 35.63%, 35.81%, and 35.56% for the 91-Day, 182-Day, and 364-Day bills respectively.\r\n\r\n TREASURY YIELDS \r\n \r\n \r\n \r\n GOG Treasuries \r\n Current \r\n Previous \r\n Change\u00a0 \r\n \r\n \r\n 91-Day T-Bills \r\n 35.63% \r\n 35.46% \r\n 0.479% \r\n \r\n \r\n 182-Day T-Bills \r\n 35.81% \r\n 35.83% \r\n -0.056% \r\n \r\n \r\n 365-Day T-Bills \r\n 35.56% \r\n 35.92% \r\n -1.002% \r\n \r\n \r\n \r\nThe target for the next auction (Tender #1835) is GH\u00a21,278.00 million in 91-Day, 182-Day, and 364-Day Bills.\r\n\r\nBREAKDOWN OF TOTAL AMOUNT RAISED THIS WEEK \u00a0 \r\n \r\n \r\n \r\n Treasuries \r\n Bids Tendered (GH\u00a2 MN) \r\n Bids Accepted \u00a0 (GH\u00a2 MN) \r\n \r\n \r\n 91-Day T-Bill \r\n \u00a01,581.49 \r\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a01,581.49 \r\n \r\n \r\n 182-Day T-Bill \r\n 292.43 \r\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0292.43 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0 \r\n \r\n \r\n 364-Day T-Bill \r\n \u00a056.82 \r\n 56.82 \r\n \r\n \r\n TOTAL \r\n 1930.74 \r\n \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a01930.74 \u00a0\u00a0\u00a0\u00a0 \u00a0 \r\n \r\n \r\n "

"Yields remain steady in underwhelming Treasury bill auction"

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