Audio By Carbonatix
The government recorded about 60% oversubscription of its treasury bills auction but at a higher cost, as investors demanded more compensation.
Investors submitted bids worth GH¢7.3 billion as against a target of GH¢4.5 billion. The government however accepted GH¢6.01 billion.
This time around majority of the bids came from the 364-day bill, representing 73% of the total bids.
A little over GH¢5.4 billion of the bids were tendered. About GH¢4.2 billion were, however, accepted.
The 91-day bill saw bids worth GH¢1.47 billion tendered. The uptake was, however, GH¢1.34 billion.
The 182-day bill recorded bids of GH¢461.9 million. A little above GH¢378 million was accepted.
Meanwhile, interest rates hit nearly 13%, the first time since January 2026.
The yield on the 91-day bill went up by 74 basis points to 5.73%.
That of the 182-day bill also increased to 7.69% from 7.04% the previous week.
Similarly, the yield on the 364-day increased by 237 basis points to 12.82%.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 1.47bn | 1.34bn |
| 182 Day Bill | 461.91m | 378.80m |
| 364 Day Bill | 5.43bn | 4.28bn |
| Total | 7.37bn | 6.01bn |
| Target | 4.602bn |
Latest Stories
-
Fix Ghana Maritime Authority surveillance system instead of ‘threatening’ NPP – Dennis Aboagye tells NDC
20 minutes -
Poor land acquisition for development projects pushing people into poverty – Prof Helen Essandoh
21 minutes -
‘This is what we expect from a statesman’ – Brazilian President commends Mahama for leading global reparatory justice push
21 minutes -
Government would be helpless if it relies on NPP for drug intelligence – Miracles Aboagye
41 minutes -
The new frontline of peace: Information, Artificial Intelligence and the future of global security
41 minutes -
Feed Ghana Programme: Bono East Minister inspects ongoing Farmer Service Centre at Kintampo
42 minutes -
Dance creator Lisa Quama brings fashion, movement and African creative expression to New York’s global cultural stage
43 minutes -
Climate, conflict and the struggle for resources: Why peacebuilding must look beyond the battlefield
1 hour -
NPP may be invited to clarify alleged drug laboratories – Rashid Tanko-Computer
1 hour -
Government tackling drug trafficking head-on – Tanko-Computer assures
2 hours -
Climate, conflict and the struggle for resources: Why peacebuilding must look beyond the battlefield
2 hours -
GRAY Network’s Menstrual Health project transforms education in Central and South Tongu
2 hours -
Green finance goes beyond banks and big corporations to driving climate and environmental solutions – Nanabanyin Addo-Brown
2 hours -
The journey is short
2 hours -
Teacher unions give government September 24 deadline to resolve promotion arrears
2 hours