Audio By Carbonatix
The government oversubscribed about 11% of its treasury bill sales for the third consecutive week.
However, it came at the expense of rising interest rates.
According to data from the Bank of Ghana, the government got GH¢4.42 billion from the auction of the short-term instrument as against a target of GH¢3.98 billion.
The government accepted all the bids tendered for the auction by investors.
About 72% of the bids came from the 91-day bill.
A total of GH¢3.18 billion was offered for the 3-month bill.
For the 182-day bill, GH¢ 957.67 million were tendered.
A little over GH¢276 million were offered for the 364-day bill.
Meanwhile, interest rates continued to surge on the yield curve.
The yield on the 91-day bill went up by 25 basis points to 26.19%.
That of the 182-day bill was 27.29% as against 27.03% the previous week.
The rate on the 364-day bill was however up by 24 basis points to 28.97%.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 3.188 billion | 3.188 billion |
| 182 Day Bill | 957.67 million | 957.67 million |
| 364 Day Bill | 276.32 million | 276.32 million |
| Total | 4.422.11 billion | |
| Target | 3.980.00 billion | |
Latest Stories
-
Family of Charles Amissah launches foundation for emergency care reform
2 minutes -
Livestream: JoyNews & Amalgam of Professional Bodies Speaker Series on Centers of Prosperity underway
8 minutes -
Hospital Staff named in Charles Amissah death probe as committee calls for sanctions
13 minutes -
Here are the four hospitals Charles Amissah moved through in 118 minutes before he died
41 minutes -
Two Ministries that have perfected failure
58 minutes -
Hospitals failed to triage Charles Amissah despite arrival alive — Committee
1 hour -
Cocoa farmers in Amenfi Central rally against galamsey ahead of new season
1 hour -
MoMo Ghana CEO backs golf as platform for business, community building
1 hour -
Public confidence in Ghana’s governance institutions remains low despite strong democratic credentials — APL Barometer
1 hour -
Charles Amissah died from medical neglect, not trauma — Akosa committee finds
1 hour -
Housing and food prices drove April inflation as GSS reports mixed sector trends
2 hours -
IMANI Africa defends CSO intervention in Supreme Court case challenging OSP Act
2 hours -
Ablakwa assures support for Ghanaian nationals in UAE amid regional tensions
2 hours -
Asantehene @ 76: How Otumfuo celebrates his birthday
2 hours -
2026 U20 WWCQ: Kurt Okraku visits Black Princesses camp ahead of Uganda second leg
2 hours