Audio By Carbonatix
The government recorded 75% oversubscription of treasury bills to the tune of GH¢6.78 billion.
This is despite interest rates going down.
According to the auction results, the government accepted GH¢5.48 billion of the total bids tendered by the investors.
The majority of the bids came from the 91-day bill.
A little over GH¢4.8 billion, representing 71% of the bids were tendered for the 3-months bill. The uptake was GH¢4.320 billion.
For the 182-day bill, GH¢1.156 billion of the bids were tendered. The bids accepted were estimated to the tune of GH¢823.28 million.
On the other hand, GH¢774.65 million were tendered for the 364-day bill. About GH¢343 million were tendered.
Meanwhile, the yield on the 91-day bill went down by 54 basis points to 10.29%.
That of the 182-day bill also fell to 12.35% from 13.22%.
Similarly, the yield on the 364-day bill decreased by 1006 basis points to 13.24%.
Latest Stories
-
Anthony Joshua discharged from hospital after fatal road crash
3 hours -
Trump media firm to issue new cryptocurrency to shareholders
3 hours -
Ebo Noah arrested over failed Christmas apocalypse and public panic
5 hours -
‘Ghana’s democracy must never be sacrificed for short-term politics’ – Bawumia
5 hours -
Bawumia congratulates Mahama but warns he “cannot afford to fail Ghanaians”
5 hours -
CICM backs BoG’s microfinance sector reform programme; New Year Debt Recovery School comes off January-February 2026
5 hours -
GIPC Boss urges diaspora to invest remittances into productive ventures
5 hours -
Cedi ends 2025 as 4th best performing currency in Africa
5 hours -
Fifi Kwetey brands calls for Mahama third term as ‘sycophancy’
6 hours -
Bawumia calls for NPP unity ahead of 2028 elections
6 hours -
Police restore calm after swoop that resulted in one death at Aboso
6 hours -
Obaapa Fatimah Amoadu Foundation launches in Mankessim as 55 artisans graduate
6 hours -
Behold Thy Mother Foundation celebrates Christmas with aged mothers in Assin Manso
6 hours -
GHIMA reaffirms commitment to secured healthcare data
7 hours -
John Boadu pays courtesy call on former President Kufuor, seeks guidance on NPP revival
7 hours