Audio By Carbonatix
Interest rates fell for the 9th consecutive week running in line with analysts’ forecasts.
According to the auction results by the Bank of Ghana, the 91-day T-bill eased by 83 basis to 26.99%.
Similarly, the 182-day bill also went down to 29.49% from the previous 29.74%.
Again, the 364-day bill declined by 29 basis points to 30.0%.
Based on the happenings since the beginning of the year, the rates are expected to go down further this week.
Meanwhile, the government recorded about 19.9% percent oversubscription of the treasury bills auction, as demand for the short-term instruments remained high.
The total bids tendered by the investors were estimated at GH¢4.963 billion. The uptake was estimated at GH¢4.940 billion.
Chunk of the bids this time around came from the 6-month bill. The uptake was GH¢1.843 billion.
It was followed by the 91-day bill in which GH¢1.833 billion of the bids were tendered. All were accepted.
About GH¢1.263 billion of the bids came from the 364-day bill. Once more, all the bids were accepted.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 1.833 billion | 1.833 billion |
| 182 Day Bill | 1.866 billion | 1.843 billion |
| 364 Day Bill | 1.263 billion | 1.263 billion |
| Total | 4.963 billion | 4.940 billion |
| Target | 4.137 billion | |
Latest Stories
-
King Mohammed VI reaffirms Morocco’s full support for Gulf States following attacks on their security
1 hour -
Esther Cobbah urges women founders to make trust and excellence their competitive edge
1 hour -
Adonis Adamado
2 hours -
‘Control lies with private capital’ – COPEC warns NPA’s fuel stock assurance not enough amid Iran attack
2 hours -
10 illegal miners feared dead, 30 critical after mine cave-in at Manso Tontokrom
2 hours -
GPL 2025/2026: All Blacks hold leaders Medeama at home
2 hours -
Ghana has over 5 weeks of fuel stock despite Middle East tensions – NPA
2 hours -
Middle East tensions may hit Ghana’s pumps soon – Duncan Amoah
3 hours -
WPL 2025/26: Hasaacas beat Army Ladies as Ampem Darkoa Ladies draw
3 hours -
Five facts about Baba Sadiq, Ghana’s High Commissioner Designate to Nigeria
3 hours -
Baba Sadiq Abdulai appointed as High Commissioner to Nigeria
4 hours -
Playback: The Probe examined Israel-Iran-US tensions and Ghana’s energy security
4 hours -
T-bills auction: Investor appetite remains at all-time high; interest rates tumble to 5.3%
4 hours -
Yes, we “eat Macroeconomics” because it is the foundation of every meal
4 hours -
Annoh-Dompreh launches Nsawam-Adoagyiri Eye Care Project 2026, screens 3,000 residents
4 hours