Audio By Carbonatix
Government Treasury bills sale were oversubscribed by 75% to the tune of ¢5.06 billion.
According to the auction result published by the Bank of Ghana, participation of the 91-day T-bill was almost to the tune of ¢3 billion.
Indeed, the 91-day and the 364-day bills recorded immense investor participation.
Whilst the 3-months received bids of about ¢2.93 billion, that of the one-year bill got bids worth about ¢1.46 billion. All the bids were, however, accepted by the government.
For the 182-day bill, all the bids of about ¢665 million were accepted.
Meanwhile, interest rates retreated further for the third week running.
Whilst the yield on the 91-day T-bill went down marginally by 0.12% to 35.54%, the six months bill also fell by 0.16% to 35.84%.
The interest rate on the 364-day bill also stood at 34.12%.
| Securities | Bids Tendered (GH¢) | Bids Accepted (GH¢) |
| 91-day | 2.93 billion | 2.93 billion |
| 182-day | 665.99 million | 665.99 million |
| 364-day | 1.46 billion | 1.46 billion |
| Total | 5.067 billion | 5.067 billion |
| Target | 2.885 billion |
Latest Stories
-
Anti-LGBTQ Bill: Forget the rumour mongers, I’m a man of action, and will pass the bill – Speaker
5 minutes -
Women and children among those killed in Sudanese army shelling of wedding celebration
9 minutes -
President Mahama is not sincere with Ghanaians on LGBTQ bill matter – Hassan Tampuli
27 minutes -
Gov’t to establish Prison Industrial Hub to equip inmates with income-generating skills – Prison Service boss
46 minutes -
Alhassan Tampuli donates cement, roofing sheets to support storm victims in Gushegu
46 minutes -
Alhassan Tampuli appeals for urgent support for storm victims in Gushegu
49 minutes -
The hypocrisy must stop; pass Anti-LGBTQ+ Bill now – Alhassan Tampuli to Mahama
53 minutes -
Imprisonment should be rehabilitative, not punitive – Ghana Prisons boss at UNGA
1 hour -
Ga Adangbe traditional priests petition Mahama over McDan aviation licence revocation
1 hour -
Anti-LGBTQ Bill: NDC’s arrogance is worrying – Hassan Tampuli
2 hours -
Let’s give OSP time to mature, not to scrap it – Hassan Tampuli
2 hours -
Nigeria convicts 386 Islamist militants in mass trials
2 hours -
Djibouti president wins election with 97.8% of vote, state media says
2 hours -
We don’t have mandate to deduct tax from rent allowance of security services personnel – Interior Ministry clarifies
2 hours -
Ablakwa receives Presidential Special Envoy on Reparations to advance global agenda
2 hours