Audio By Carbonatix
The government recorded about 12.79% oversubscription of treasury bill sales at a reduced target.
According to the latest T-bills auction by the Bank of Ghana. the government got GH¢2.99 billion against a target of GH¢ 2.65 billion.
About GH¢2.358 billion, representing 88.7% were bids tendered for the 91-day bill. All the bids were accepted.
For the 182-day bill, the government got GH¢573.45 million from the investors. The uptake was the same.
Only GH¢64.31 million were tendered for the 364-day bill. All the bids were accepted.
Meanwhile, interest rates remain stable across the yield curve.
The yield on the 91-day bill was 24.86% while that of the 182-day bill stayed the same at 26.80%.
The rate on the 364-day bill was also steady at 27.78%.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 2.358 billion | 2.358 billion |
| 182 Day Bill | 573.45 million | 573.45 million |
| 364 Day Bill | 64.31 million | 64.31 million |
| Total | 2.656 billion | |
| Target | 2.995 billion | |
Latest Stories
-
Drug bust: Genuine Ghanaian exporters may face heightened foreign inspections – Lawyer
7 seconds -
Drug cartels may be seeing Ghana as easy route – Lenin Anane Agyei
36 minutes -
Ghana risks gaining notoriety as drug-trafficking hub – Bobby Banson
45 minutes -
Government dismissed my drug trafficking warning, then tried to arrest me – Ntim Fordjour
47 minutes -
Day Two: 3rd Republic Bank-JoyNews Habitat Fair Clinic underway at Junction Mall
47 minutes -
NACOC addressing inherited gaps in fight against drug trafficking – Deputy Director-General
60 minutes -
Taekwondo goes to school as GTF launches five-region youth campaign
1 hour -
The issues Mourinho is struggling to fix at Real Madrid
1 hour -
Hundreds throng EducationUSA College Fair in Kumasi in pursuit of abroad studies
1 hour -
Drug bust: NACOC should be part of port inspection team – Twum-Barimah
1 hour -
Ward appointed Liverpool’s sporting director
1 hour -
This isn’t the first cocaine bust; NPP must stop the politicisation – NACOC deputy boss
1 hour -
Drug bust case: Only Customs officers, MPS officials in scanning room – NACOC
2 hours -
I don’t mind being insulted; I have a crocodile skin – President Mahama
3 hours -
Samson’s Take: Verify the badge – and verify the story
3 hours