Audio By Carbonatix
Interest rates continued to surge on the money market despite the government securing a marginal undersubscription of treasury bills auction.
According to the auction results from the Bank of Ghana, the yield on the 364-day bill shot up to 32.85% from 32.50% the previous week.
Also, the 91-day T-bill also went up by 0.29% to 28.50%. That of the 182-day bill also inched up to 30.916% from 30.67% the previous week.
Meanwhile, the government got ¢2.499 billion from the sale of the T-bills, approximately 2.72% undersubscription of the targeted amount.
The expected amount to be raised was ¢2.570 billion.
A chunk of the bills came from the 91-day T-bills.
About ¢1,884 billion of the bids were tendered. All the bids were however mobilised from the very end of the money market.
For the 182-day, ¢484.17 million were tendered, in which all were accepted.
On the other hand, the 364-day bill received an offer of ¢131.16 million. All the bids were accepted.
| SECURITIES | BIDS TENDERED (¢) | BIDS OFFERED (¢) |
| 91 Day Bill | 1.884bn | 1.884bn |
| 182 Day Bill | 484.17m | 484.17m |
| 364 Day Bill | 131.16m | 131.16m |
| TOTAL | 2.499bn | |
| TARGET | 2.570bn |
Latest Stories
-
Achieve By Petra partners Richie Mensah to drive financial independence
2 minutes -
Kwakye Ofosu says cost of living eased under Mahama government
1 hour -
Total banking deposits stood at GH¢302.0bn in October 2025, but foreign currency deposits contracted by 21%
2 hours -
Interior Minister calls for collective action to enhance security in Ashanti Region
2 hours -
Baobab: Tree of life dying as climate change ravages Northern Ghana
2 hours -
Extradition of Ofori-Atta and Tamakloe-Attinou could take up to three years – Victoria Bright
2 hours -
Government pledges support for Accra commuters amid transport challenges
2 hours -
GES probes alleged feeding problems at Savelugu Senior High School
2 hours -
Government is reviewing Saglemi Housing deal and private takeover – Kwakye Ofosu
2 hours -
Nana Ama McBrown, Kate Henshaw headline Women of Valour London 2026
2 hours -
David Asante’s contributions at GPCL must be recognised – Vicky Bright
2 hours -
I don’t want my people to be mistreated by ICE — Ambassador Victor Smith tells US Senator
2 hours -
Detained fugitives: If you’re not prepared to be accountable, don’t hold public office – Vicky Bright
3 hours -
Adutwum outlines vision for a growth-minded Ghana, draws lessons from global experiences
3 hours -
I wish former CSA boss Dr Antwi-Boasiako continues in office – Sampson Lardy
3 hours