Audio By Carbonatix
The government missed its treasury bills target just a week after recording an oversubscription, as some investors continue to prefer fixed deposits and the Bank of Ghana bills.
According to auction results by the Bank of Ghana, the government recorded a 37% undersubscription of the short term instruments.
The Treasury received GH¢3.486 billion of the total bids, but accepted GH¢3.463 billion.
A little over 76% of the bids came from the 91-day bill.
About GH¢2.66 billion of the bids were tendered. The uptake was GH¢2.65 billion.
For the 182-day bill, GH¢705.7 million of the bids were tendered. The bids accepted were estimated to be worth GH¢695.3 million.
Similarly, GH¢119.5 million of the bids were tendered for the 364-day bill. About GH¢116.5 million of the bids were accepted.
Meanwhile, the yield on the 91-day bill increased by 5.0 basis point to 10.50%.
That of the 182-day bill also shot up to 12.39% from 12.36% the preceding week.
However, the yield on the 364-day bill increased by a basis point to 12.89%.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 2.66bn | 2.65bn |
| 182 Day Bill | 705.71m | 695.39m |
| 364 Day Bill | 119.57m | 116.57m |
| Total | 3.486bn | 3.463bn |
| Target | 5.581bn |
Latest Stories
-
Government is reviewing Saglemi Housing deal and private takeover – Kwakye Ofosu
15 minutes -
Nana Ama McBrown, Kate Henshaw headline Women of Valour London 2026
18 minutes -
David Asante’s contributions at GPCL must be recognised – Vicky Bright
25 minutes -
I don’t want my people to be mistreated by ICE — Ambassador Victor Smith tells US Senator
29 minutes -
Detained fugitives: If you’re not prepared to be accountable, don’t hold public office – Vicky Bright
36 minutes -
Adutwum outlines vision for a growth-minded Ghana, draws lessons from global experiences
38 minutes -
I wish former CSA boss Dr Antwi-Boasiako continues in office – Sampson Lardy
39 minutes -
Kotoko maintain title ambition despite mixed results – Sarfo Duku
47 minutes -
NPP Flagbearer Race: Dr Adutwum speaks on economy, Ghana’s current gains, and more
49 minutes -
We must show zero tolerance for corruption and punish political elites – Susan Adu-Amankwah
53 minutes -
I’ll raise the needed funds to win on January 31 – Adutwum
55 minutes -
Adutwum urges calm in NPP, tells Frimpong-Boateng to look ahead to better days
58 minutes -
Your choice will shape NPP’s future – Adutwum to delegates
1 hour -
Sedina Tamakloe-Attionu must be arrested immediately on arrival; sent to prison – Ex-Deputy AG
1 hour -
I’ll be surprised if Sedina Tamakloe-Attionu is granted bail on arrival – Bobby Banson
1 hour