Audio By Carbonatix
Interest rates fell for the 11th week running as demand for the Treasury bills continued to surge.
The declining yields will reduce the government's cost of borrowing albeit marginally.
The yield on the 91-day bill fell by 25 basis points to 26.49%.
That of the 182-day also eased to 28.99% from 29.24% the previous week.
Similarly, the 364-day bill went down by 25 basis points to 29.59%.
Meanwhile, the government recorded about 37.7% oversubscription of the short-term instruments.
It secured GH¢5.36 billion from the auction of the T-bills.
A chunk of the offer came from the 91-day bill.
About GH¢3.728 billion, representing 69.28% were tendered, which all were accepted.
For the 182-day bill, GH¢1.078 billion were tendered. The uptake was GH¢1.067 billion.
The 364-day bill received bids worth GH¢574.31 million. All the bids tendered were accepted.
Analysts believe the yields on the short-term instruments will continue to ease in line with inflation expectations.
| SECURITIES | BIDS TENDERED (GH) | BIDS ACCEPTED |
| 91-Day Bill | 3.728bn | 3.728bn |
| 182-Day Bill | 1.078bn | 1.067bn |
| 364-Day Bill | 574.31m | 574.31m |
| Total | 5.381bn | |
| Target | 3.891bn | |
Latest Stories
-
Millions see leaked copy of The Odyssey movie on X
34 seconds -
Deadly Doses II: Ghana’s drug problem has become a public health crisis – Criminologist says
22 minutes -
Ghana’s borders not for illicit drug trafficking – NACOC warns neighbouring countries
22 minutes -
Three dead and several injured in shooting at food festival near Seattle’s Space Needle
24 minutes -
NYA, French Embassy deepen partnership to boost youth skills development and inclusion
32 minutes -
Ghana in ‘huge crisis’ over addiction care as specialist shortage worsens – Dr Owusu-Antwi
34 minutes -
US and Iran pause strikes for third night to make space for talks, US ambassador says
35 minutes -
When the call sounds genuine: How Mobile Money fraud continues to target Ghanaians
38 minutes -
Deadly Doses II: JoyNews investigation uncovers disturbing shift in Ghana’s growing drug crisis
1 hour -
NACOC urges public support in fight against illicit drug trafficking
1 hour -
Communiqué: Digital Economy Forum calls for urgent action to protect public trust in Ghana’s cash-lite economy
1 hour -
2026 Commonwealth Games: Azamati through to 100m semis, Botsio out
1 hour -
Gov’t dismisses claims over viral Mahama video, says remarks were taken out of context
1 hour -
Asiedu Nketia and Ato Forson in dead heat for NDC leadership ahead of 2028 – Poll
1 hour -
Wings Over the Sahel: Why Ghana and West Africa must build a drone-ready security doctrine
1 hour