Databank Forecasts Prolonged Slump in T-Bill Demand Over Low Yield Concerns

Databank Forecasts Prolonged Slump in T-Bill Demand Over Low Yield Concerns

Investor interest in short-term government securities is rapidly declining, with Treasury bill (T-bill) auctions falling short of target volumes. Databank Research has projected a continued trend of under-subscriptions in the weeks ahead, driven primarily by diminishing yields and inflationary pressures that are eroding real returns. The first auction in July recorded an 11.56% week-on-week undersubscription, signaling waning confidence in short…