Interest rates saw a decrease across the yield curve in the recent treasury bill auction, signaling a shift in investor sentiment.The government experienced a marginal undersubscription, garnering GH¢3.341 billion instead of the targeted GH¢3.372 billion.

Here’s a breakdown of the key changes:

“91-day bill's yield dropped by 20 basis points to 25.64%, 364-day bill's yield decreased to 28.49%, conversely, the 182-day bill's yield rose by 25 basis points to 28.14%.”

Analysts anticipate further drops in yields following the expected receipt of the third tranche of the $360 million bailout from the International Monetary Fund.The auction saw significant interest in the 91-day bill, with GH¢2.356 billion tendered and fully accepted.

Similarly, GH¢818.32 million was received for the 182-day bill, meeting demand.

The 364-day bill garnered GH¢166.24 million in sales.