Audio By Carbonatix
The government missed its treasury bills target by GH¢1.44 billion for the second consecutive week.
According to auction results from the Bank of Ghana, the government accepted all the bids for the short-term instruments.
It got GH¢3.86 billion from the sale of the financial instruments.
The shortfall may be largely due to its quest to keep interest rates down. GH¢2.904 billion was received for the 91-day bills.
That of the 182-day was estimated at GH¢698.50 million.
For the 364-day bill, GH¢ 261.30 million was mobilised.
Meanwhile, interest rates remained steady across the yield curve.
The yield on the 91-day bill was unchanged at 24.78%.
For the 182-day, the yield was 26.71%, from the previous week’s 26.74%. The one-year bill went for 27.80% from the preceding 27.78%.
From indications, the government may miss its 17.4 billion treasury target for this month.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 2.904 billion | GH¢ 2.904 billion |
| 182 Day Bill | 698.50 million | 698.50 million |
| 364 Day Bill | 261.30 million | 261.30 million |
| Total | 3.863 billion | |
| Target | 5.310 billion | |
Latest Stories
-
2026 World Cup: What would Ghana lose without Thomas Partey against Panama?
26 minutes -
Confidence high as Vice President visits Black Stars ahead of Panama showdown
2 hours -
BECE 2026: Five important steps JHS graduates should take before starting SHS
2 hours -
2026 World Cup: Ghana fails in bid to have Partey’s Canada visa denial overturned
2 hours -
University of Nottingham cyberattack triggers CSA warning to Ghanaian universities
2 hours -
Ghana-South Africa Business Chamber condemns xenophobic attacks on Ghanaians
2 hours -
“US Justice Department hasn’t gotten back to Ghana that it has served Ofori-Atta” – OSP
3 hours -
Deputy Energy Minister reaffirms Ghana’s commitment to gas-led development at West Africa Gas Summit
3 hours -
Protect Ghanaians in South Africa through diplomacy – Bosome Freho MP to gov’t
3 hours -
About 49,000 Ghanaians still live in South Africa – Bosome Freho MP discloses
3 hours -
Bosome Freho MP urges South Africa to take decisive action against Xenophobic attacks
3 hours -
Mfantsipim SHS final-year student commits suicide
3 hours -
Complete Farmer launches CF Grower and CF Buyer to deepen digital agriculture in Ghana
3 hours -
Nukunu Sports Academy to support young football enthusiast until he turns 14
3 hours -
With green card, Ofori-Atta has far more protection than he had previously – Kpebu
3 hours