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
-
When the call sounds genuine: How Mobile Money fraud continues to target Ghanaians
58 seconds -
Deadly Doses II: JoyNews investigation uncovers disturbing shift in Ghana’s growing drug crisis
25 minutes -
NACOC urges public support in fight against illicit drug trafficking
48 minutes -
Communiqué: Digital Economy Forum calls for urgent action to protect public trust in Ghana’s cash-lite economy
49 minutes -
2026 Commonwealth Games: Azamati through to 100m semis, Botsio out
50 minutes -
Gov’t dismisses claims over viral Mahama video, says remarks were taken out of context
50 minutes -
Asiedu Nketia and Ato Forson in dead heat for NDC leadership ahead of 2028 – Poll
52 minutes -
Wings Over the Sahel: Why Ghana and West Africa must build a drone-ready security doctrine
52 minutes -
42 percent of Ghanaians disagree with Abu Trica extradition decision — GlobalInfo Analytics poll
55 minutes -
2026 Commonwealth Games: Saminu books semifinal spot in men’s 100m
1 hour -
60% of Ghanaians say country is on right path, 72% approve Mahama’s performance – Survey
1 hour -
Tears at the end, Greatness Forever: Messi’s “final” World Cup
1 hour -
Garden City Aquatics discover new swimming talents in maiden school competition at KNUST
2 hours -
Majority of Ghanaians support establishment of regional tribunals — GlobalInfo Analytics poll
2 hours -
WAFCON 2026: Morocco set early standard with emphatic win over Kenya
2 hours