Audio By Carbonatix
The government exceeded its treasury bills target marginally compared with the previous weeks’ high oversubscription.
According to the auction results by the Bank of Ghana, the government recorded a 2.8% oversubscription of the short-term securities to the tune of GH¢8.1 billion.
The government, however, accepted GH¢7.2 billion of the bids. The target for the auction was GH¢7.9 billion.
The 91-day bill was the most subscribed as GH¢4.56 billion of the bids were tendered, representing 55% of the total bids.
However, the uptake was GH¢4.52 billion.
For the 182-day bill, GH¢2.07 billion of the bids were tendered. The bids accepted were estimated to the tune of GH¢1.81billion.
Similarly, the 364-day bill saw bids of GH¢1.56 billion tendered. The uptake was GH¢ 867.93 million.
Meanwhile, interest rates continued to dip on the yield curve.
The yield on the 91-day bill went down by 11 basis points to 4.69%.
That of the 182-day also declined to 6.51% from 6.67% the previous week.
Similarly, the yield on the 354-day bill dropped a basis point to 10.10%.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 4.561bn | 4.521bn |
| 182 Day Bill | 2.071bn | 1.816bn |
| 364 Day Bill | 1.562bn | 867.93m |
| Total | 8.195bn | |
| Target | 7.970n |
Latest Stories
-
Banks wrote off GH¢1.23bn as bad debt in half-year-2026
5 minutes -
T-bills auction: Government exceeds target marginally; interest rates decline
26 minutes -
Édouard Mendy annonce sa retraite internationale avec le Sénégal
4 hours -
Lamine Yamal scores twice as Barcelona maintain perfect start
4 hours -
Haaland scores controversial winner for 10-man City at Man Utd
4 hours -
Ghana’s narcotics crisis deepens as drug seizures linked to country top US$1bn – Minority
4 hours -
CAF CC: Nations FC bow out after draw with FC Diarra in Accra
4 hours -
Kenyans dominate 2026 KGL Millennium Marathon as race champions mental health
4 hours -
Minority demands full-scale probe into Ghana’s alleged emergence as narcotics transit hub
4 hours -
NaCCA trains teachers to implement new Chinese language curriculum
6 hours -
Ghana, China deepen cooperation on galamsey and mining sector
6 hours -
JoyNews–Republic Bank Habitat Fair ends on a high note after 3 days of strong patronage, expert engagement
7 hours -
Emma Ofosua takes West African spoken word to three UK cities
7 hours -
Traditional artists will become more expensive because of AI – Aewura Arts
7 hours -
Clients would disappear after I finished their artworks – Aewura Arts recounts challenges
7 hours