Interest rates tumbled once again across the yield curve, in line with falling inflation.
The 91-day yield eased to 24.85% from the prior week’s 25.03%.
That of the 182-day also went down by 9.0 basis points to 26.82%.
Similarly, the 182-day bill also declined to 27.81% from the earlier 27.92%.
Meanwhile, the government recorded 1.35% oversubscription of the T-bills sale, far lower than the 19.4% recorded the preceding week.
It got a total of GH¢4.833 billion, as against a target of GH¢4.900 billion.
A chunk of the bids came from the 91-day bill.
About GH¢3.76 billion was mobilised, representing 77.9% of the total bids. The uptake was the same as the bids tendered.
Similarly, GH¢924 million came from the 182-day bill. All the bids were accepted.
For the 364-day bill, GH¢142.07 million of the bids were tendered and all were accepted.
SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
91 Day Bill | 3.767 billion | 3.767 billion |
182 Day Bill | 924.19 million | 924.19 million |
364 Day Bill | 142.07 million | 142.07 million |
Total | 4.833 billion | |
Target | 4.900 billion | |
Latest Stories
-
Which will you vote for in 2024 Election: Honesty, Character, or Campaign Promises?
3 hours -
The ball is in Iran’s court after US pressure pays off
4 hours -
‘Japa’ sweeps Nigeria’s hospitals
4 hours -
Obuasi: Catholic Voices GH choral peace concert unites NPP, NDC
4 hours -
Lordina Supports NDC campaign in Ketu North with donation of medical equipment to Afife Health Centre
4 hours -
MTN Foundation delivers crucial technology tools to Eastern Regional Hospital
4 hours -
Galien Forum Africa: Enhaning African women’s role in climate and environmental crises
10 hours -
7th Galien Africa Forum ends with emphasis on health, innovation, and climate action in Africa
10 hours -
Ruthless Barcelona thrash Real Madrid to go 6 points clear
10 hours -
National Farmers’ Day scheduled for November 8
11 hours -
Samson’s Take: Why over 75% vote but only 5% join protests
12 hours -
Krachi East Chiefs applaud Bawumia for campaigning on issues with evidence
13 hours -
National Security Ministry dismisses Reuters’ claims that militants are using Ghana as logistical base
13 hours -
BOST and its CEO win big at 8th Ghana Energy Awards
15 hours -
Accused person in protest over alleged $3m BOST scandal discharged
15 hours