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
-
GPL 2025/26: Late Kwartemaa strike downs Hearts in Tema
6 minutes -
Ghana Faces Sierra Leone Moment as Prosecutorial Powers come under strain
16 minutes -
Don’t consume fish or seafood from Tema Shipyard until further notice – FDA warns
20 minutes -
Why volunteering might be Africa’s most underrated career accelerator
27 minutes -
ActionAid Ghana raises concern over gender gaps in Feed Ghana Programme
29 minutes -
Windstorm wreaks havoc in Gushegu, displacing nearly 2,000 residents and damaging schools
31 minutes -
Friends of Bridget Bonnie Marks her 35th birthday with donation to Kasseh Model Health Centre
1 hour -
From Ekumfi Kokodo to the Pulpit Stage: Essi Donkor’s gospel journey takes shape
2 hours -
Landfilling waste management creates no value, it’s an economic waste
2 hours -
Photos: Speaker Bagbin Commissions MPs constituency office under parliamentary decentralisation programme
2 hours -
Black Stars technical advisor Winfried Schäfer sacked as GFA shakes up backroom staff
2 hours -
Wenchi water project almost complete, critical to gov’t agenda – GWL MD
2 hours -
Anti-LGBTQ+ bill not part of government’s legislative agenda – Inusah Fuseini
2 hours -
Anti-LGBTQ Bill: Forget the rumour mongers, I’m a man of action, and will pass the bill – Speaker
3 hours -
Women and children among those killed in Sudanese army shelling of wedding celebration
3 hours