Audio By Carbonatix
The government missed its treasury bill target for the first time in 2025.
According to auction results by the Bank of Ghana, the government recorded an 18% under-subscription of the sale of the short-term instruments.
The government got GH¢4.99 billion from the T-bills auction. It however accepted GH¢ 3.31 billion.
A chunk of the bids came from the 91-day bill as GH¢ 3.63 billion, representing 72.7% of the total bids were tendered.
The 182-day bill however received bids worth GH¢741.38 million. However, the uptake was GH¢ 574.49 million.
For the 364-day bill, the bids tendered were estimated at GH¢ 622.7 million. However, GH¢406.07 million were accepted.
Meanwhile, interest rates remained relatively unchanged across the yield curve.
The yield on the 91-day T-bill fell by only 12 basis points to 15.85%.
However, that of the 182-day bill was unchanged at 16.92%.
The rate on the 364-day bill fell marginally to 18.84 from the previous week’s 18.96%.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 3.631bn | 2.339bn |
| 182 Day Bill | 741.38m | 574.49m |
| 364 Day Bill | 622.07m | 406.07m |
| Total | 4.994bn | 3.31bn |
| Target | 6.142bn |
Latest Stories
-
Working in the Dark: Ghana’s employment crisis and the documentation gap nobody wants to close
2 minutes -
NPP leadership to meet over challenges in ongoing membership registration exercise
10 minutes -
Kaliedoscope of baby stealing, abortion and unexpected multiple births
41 minutes -
Fueltrade donates GH¢1m to GETFund
51 minutes -
Ghana’s reliance on Dubai for gold exports leaves cedi exposed as Iran conflict disrupts trade
1 hour -
IMF warns Middle East tensions could disrupt trade and drive up global energy prices
1 hour -
IWD: Essikado-Ketan MP call for renewed action to improve women’s health, equality
1 hour -
Build genuine relationships beyond politics – Chief of Staff urges Ghanaians
1 hour -
Cabinet approves new round of SIM registration exercise
1 hour -
Ghana urges Commonwealth support for UN resolution on transatlantic slave trade
1 hour -
TUC urges action on women’s rights, workplace protections on International Women’s Day
2 hours -
Leadership of Cashew Watch Ghana engages TCDA CEO to advance sector growth
2 hours -
Ghana’s gold crossroads: Why global pressure is real, but a coup is still unlikely
2 hours -
24-Hour Economy Secretariat targets 160k jobs under new energy transition MoU
2 hours -
Ada West Education Directorate intensifies policies to reduce teenage pregnancy
2 hours