Audio By Carbonatix
For two consecutive months, the government missed its target for treasury bills as liquidity remained tight on the money market.
According to auction results from the Bank of Ghana, the government’s target fell by 991.61 million
The target for the auction was GH¢5.088 billion but the government got GH¢4.094 billion.
Some analysts have attributed the shortfall by some banks preparation to shore up their capital.
All the bids tendered for the short-term securities were accepted.
The uptake for the 91-day bill was GH¢2.532 billion, representing 61.84% of the total bids.
The bids tendered for the 182-bids were estimated at GH¢1.357 billion.
That of the 364-day bill was GH¢205.23 million cedis.
Meanwhile, interest rates went up across the yield curve.
The yield on the 91-day bill increased by 10 basis points to 24.88%.
Also, the interest on the 182-day bill shot up to 26.78% from the previous week 26.68%.
The 364-day yield was however 27.91%.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 2.532 billion | 2.532 billion |
| 182 Day Bill | 1.357 billion | 1.357 billion |
| 364 Day Bill | 205.23 million | 205.23 million |
| Total | 4.094 billion | |
| Target | 5.088 billion |
Latest Stories
-
Gender Ministry supports Harriet Amuzu in ongoing abuse case
9 minutes -
AG joins plaintiff to scrap OSP ?: We should be mindful of the mischief in this – Bobby Banson
16 minutes -
Samson Lardy Anyenini questions willingness of Attorneys-General to prosecute political colleagues
18 minutes -
It is only fair the OSP is heard in Supreme Court case – Bobby Banson
24 minutes -
Asiedu Nketia resumes Ashanti tour, second leg kicks off on Sunday
32 minutes -
NLA denies salary cut claims, threatens legal action over reports
36 minutes -
BoG Governor honoured for stabilising cedi, improve inflation
39 minutes -
Kyebi Easter Homecoming 2026: A resounding success!
1 hour -
Trade Minister applauds GUTA as a pillar of economic growth; Prez Mahama honoured
2 hours -
President’s brother’s takeover of Damang Mines is ‘untidy’ – Alhassan Tampuli
2 hours -
It’s not true that gov’t decided not to renew the lease for Gold Fields – Bobby Banson
2 hours -
Ghana to boost tomato production with 60-hectare irrigated farms and processing initiatives
2 hours -
E&P’s takeover process of Damang Mines was very clean – Inusah Fuseini
2 hours -
Damang takeover: There is not going to be any job loss; it is a lease change – Bobby Banson
3 hours -
Gold Fields didn’t stop mining at Damang mines; such claims are untrue – Bobby Banson
3 hours