Audio By Carbonatix
Interest rates continued to fall on the yield curve since January 1, 2024.
According to auction results by the Bank of Ghana, the rates on the 91-day, 182-day and 364-day bills all declined.
The yield on the 91-day bill tumbled by 10 basis points to 25.54%.
That of the 182-day bill also dropped to 27.64%, from the previous week’s 28.14%.
The 364-day bill again eased by 59 basis points to 28.24%.
Indeed, liquidity on the money market appears to be tightening following uncertainties regarding the government debt restructuring with Eurobond holders.
Meanwhile, the government failed to meet its T-bills target by 10.58%. It got GH¢3.110 billion as against a target of GH¢3.478 billion.
The 91-day bill was however the most patronised financial instrument. GH¢1.983 billion, representing 63.76% were tendered, and all were accepted.
This was followed by the 182-day bill in which GH¢ 878.60 million was tendered and the uptake was the same.
The 364-day bill saw GH¢ 248.76 million bids tendered. All the bids were accepted.
| SECURITIES | BIDS ACCEPTED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 1.983 billion | 1.983 billion |
| 182 Day Bill | 878.60 million | 878.60 million |
| 364 Day Bil | 248.76 million | 248.76 million |
| Total | 3.110 billion | 3.110 billion |
| Target | 3. 478 billion |
Latest Stories
-
Breakfast: To skip or not to skip? An evidence-based perspective on weight management and overall health
11 minutes -
Breast Cancer survivor Miriam Ablah Anani breaks silence on infertility stigma, abandonment and cancer battle
1 hour -
Enough of the Insults: Mahama, Bawumia must help reset Ghana’s political discourse
2 hours -
Mission schools have the right to remain 100% Christian – Christian Apologetic Alliance
4 hours -
UG reopens portal for applicants to review entries after WASSCE results
5 hours -
Ampem Darkoa Ladies miss out on CAF Champions League qualification after penalty shootout loss
6 hours -
Herbal Medicine: Less than 15% practitioners registered
8 hours -
Road inspections not a witch-hunt against contractors — Agbodza
9 hours -
HTU clinic upgraded to primary hospital after HeFRA inspection
9 hours -
“When I am gone, just like Kwame Nkrumah people will appreciate me” – Kurt Okraku
9 hours -
“I love people who are not only critical but constructive” – Kurt Okraku
9 hours -
TECNO’s Modular Phone and TAURUS win gold at IFA 2026, recognising breakthroughs in mobile and gaming technology
10 hours -
Youth Forum in Accra calls for debt cancellation, reparations and African economic independence
10 hours -
Dr Abu Sakara urges African youth to seize global upheaval for economic emancipation
10 hours -
Fulham booed off after third defeat in a row
10 hours