Audio By Carbonatix
The government for the second consecutive week failed to meet its treasury bills target.
This is despite an impressive performance of the Ghana cedi, ranking it as the best performing currency in the world.
According to auction results by the Bank of Ghana, the Treasury recorded a marginal undersubscription of the T-bills auction.
It however got GH¢5.216 billion against a target of GH¢5386 billion of the bids tendered. It accepted all the bids tendered.
About GH¢3.858 billion came from the 91-day bill, representing 73.96% of the total bids.
For the 182-day bill, GH¢747.06 million were tendered.
A little over GH¢611 million were also tendered for the 364-day bill.
Meanwhile, interest rates continued to plumet on the yield curve.
The yield on the 91-day bill declined marginally by 9.0 basis points to 15.16%.
That of the 182-day also eased to 15.70% from the previous 16.03%.
The interest on the 364-day bill also dropped by 15 basis points to 16.80%.
Latest Stories
-
Gender Ministry investigates alleged poor meals for pupils at Buaduyili Primary School
18 minutes -
Photos: President Mahama returns from UK and Belarus
21 minutes -
Our 34 years of political loyalty to NDC have been betrayed with neglect –Mandari residents protest
43 minutes -
Mr President, the recorder was on!!!
54 minutes -
Abuakwa South MP joins Bawumia to mourn late NPP aide
55 minutes -
Mahama returns to Ghana after UK and Belarus visits, announces investment and trade agreements
1 hour -
The man who snored in the sky: Air travel courtesy is becoming a lost art
1 hour -
NCPTA demands action against Nyinahin Catholic SHS teacher over alleged student assault
1 hour -
Canada hunts criminal tourists while Ghana looks away
1 hour -
Softcare marks Menstrual Hygiene Day with nationwide donation and youth-led awareness campaign
1 hour -
National Chief Imam praises Hajj Board but cautions against complacency
1 hour -
Ga Mantse, Prof Elsie Kauffman, Dr Akwasi Agyeman, and Akosua Agyapong honoured at Ghana Global Leadership Awards 2026
1 hour -
Afarinick distributes 400,000 free cocoa seedlings; develops Ghana’s largest sustainable cocoa plantation and 2 million capacity nursery
2 hours -
Peace Town cut off from Amanfro as devastating floods displace hundreds, destroy main bridge
2 hours -
Mahama orders nationwide flood risk assessment
2 hours