Audio By Carbonatix
Interest rates on the money market went up for the 33rd consecutive week.
However, the government recorded a 16.80% oversubscription of the Treasury bills sale to the tune of ¢2.620 billion.
According to the auction results from the Bank of Ghana, the yields sustained their upward trend.
This will increase the government’s interest payment.
The 91-day bill increased by 0.29% to 29.19%, while the 182-day expanded by 0.21% to 31.42%.
The 364-day bill also advanced to 33.21% from 33.01%.
Meanwhile, the government accepted ¢2.610 billion of the total bids though the target for the offer was ¢2.243 billion.
The proceeds from the auction will however be used to refinance maturing bills of ¢2.09 billion.
A chunk of the offer came from the 91-day T-bill. About ¢2.296 billion were tendered but ¢2.102 billion were accepted.
For the 182-day bill, the government accepted almost all the bids worth ¢324.09 million.
All the bids of ¢183.66 million were also accepted for the 364-day bids.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 2.296 billion | 2.102 billion |
| 182 Day Bill | 324.09 million | 324.03 million |
| 364 Day Bill | 183.66 million | 324.03 million |
| Total | 2.620 billion | 2.610 billion |
| Target | 2.243 billion |
Latest Stories
-
NAIMOS task force arrests 9 Chinese illegal miners, destroys equipment at Dadieso
4 minutes -
NAIMOS advances into Atiwa Forest, uncovers child labour, river diversion and heavy machinery
15 minutes -
NAIMOS Task Force storms Fanteakwa South, dismantles galamsey operations
34 minutes -
The Kissi Agyebeng Removal Bid: A Look at the Numbers
1 hour -
DVLA to roll out digitised accident reports, new number plates and 24-hour services
2 hours -
DVLA Workers’ Union opens 2025 Annual Residential Delegates Congress with call for excellence, equity and solidarity
2 hours -
Scholarships Secretariat sets December 8–9 interviews for Commonwealth Scholarship applicants
2 hours -
WASSCE decline reveals deep gaps, there’s need to overhaul education system – Franklin Cudjoe
3 hours -
JOY FM Drive Time host Lexis Bill leads fans up Aburi Mountain in energetic ‘Walk With Lexis’ fitness experience
3 hours -
2026 World Cup: Ghana to open campaign in Toronto against Panama
3 hours -
President Mahama, Lordina support retired Assemblies of God pastors, widows with medical care and Christmas gifts
4 hours -
2025/26 GPL: Nations FC fight back to claim 2-1 win over Heart of Lions
4 hours -
Tanzania responds to international criticism over October post-election events
4 hours -
Burkina Faso plans to restore death penalty for treason, terrorism, espionage
4 hours -
One killed, 27 arrested in Tamale police operation
4 hours