Audio By Carbonatix
The government treasury bills were undersubscribed for the first time in about three weeks despite a reduction in interest rates.
According to auction results by the Bank of Ghana, the Treasury received approximately GH¢6.8 billion, compared to a target of GH¢8.58 billion.
The majority of the bids came from the 91-day bill.
A little over GH¢5.02 billion, representing 72.9% of the bids, were tendered for the 3-month bill. The uptake was GH¢4.99 billion.
For the 182-day bill, GH¢1.372 billion of the bids were tendered. The bids accepted were estimated to the tune of GH¢1.237 million.
On the other hand, GH¢490.41 million were tendered for the 364-day bill. About GH¢452 million were accepted.
Meanwhile, the yield on the 91-day bill went down by 9.0 basis points to 10.20%.
That of the 182-day bill also fell to 11.54% from 12.35% the prior week.
Similarly, the yield on the 364-day bill decreased by 14 basis points to 13.10%.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 5.027bn | 4.997bn |
| 182 Day Bill | 1.372bn | 1.237bn |
| 364 Day Bill | 490.41m | 452.68m |
| Total | 6.890bn | 6.687bn |
| Target | 8.588bn |
Latest Stories
-
Gov’t prioritising real action over slogans – Kwakye Ofosu
3 hours -
England are tough, but we can play against Ghana, Panama – Croatia coach reacts to World Cup draw
3 hours -
Togbe Afede urges Ghanaians to support made-in-Ghana products
3 hours -
We can beat anyone – Otto Addo reacts to World Cup draw
3 hours -
Chief Justice urges judicial staff to uphold compassion and professionalism
4 hours -
GPL 2025/26: Mensah brace fires All Blacks to victory over Eleven Wonders
5 hours -
This Saturday on Newsfile: Petitions against the OSP, EC heads, and 2025 WASSCE results
5 hours -
Ambassador urges U.S. investors to prioritise land verification as Ghana courts more investment
6 hours -
Europe faces an expanding corruption crisis
6 hours -
Ghana’s Dr Bernard Appiah appointed to WHO Technical Advisory Group on alcohol and drug epidemiology
6 hours -
2026 World Cup: Ghana drawn against England, Croatia and Panama in Group L
6 hours -
3 dead, 6 injured in Kpando–Aziave road crash
6 hours -
Lightwave eHealth accuses Health Ministry of ‘fault-finding’ and engaging competitor to audit its work
6 hours -
Ayewa Festival ignites Farmers Day with culture, flavour, and a promise of bigger things ahead
7 hours -
Government to deploy 60,000 surveillance cameras nationwide to tackle cybercrime
7 hours