Audio By Carbonatix
The government failed to meet its treasury bills target for the second week running. According to auction results by the Bank of Ghana, the government’s T-bills were undersubscribed by nearly 30%.
The Treasury received a little over GH¢3 billion, compared to a target of GH¢4.24 billion.
The majority of the bids came from the 91-day bill.
A little over GH¢2.0 billion, representing 68.4% of the bids, were tendered for the 3-month bill. The uptake was GH¢2.02 billion.
For the 182-day bill, GH¢678.18 million of the bids were tendered. The bids accepted were estimated to the tune of GH¢537.69 million.
Also, GH¢272.58 million were tendered for the 364-day bill. About GH¢167 million were accepted.
Meanwhile, Interest rates were, however, mixed on the yield curve
The yield on the 91-day bill went down by 7.0 basis points to 10.13%.
That of the 182-day bill, however, went up to 12.23% from 11.54% the previous week.
The yield on the 364-day bill nonetheless decreased by 2.0 basis points to 13.08%.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 2.059bn | 2.023bn |
| 182 Day Bill | 678.18m | 537.69m |
| 364 Day Bill | 2722.58m | 167.66m |
| Total | 3.009.99bn | 2.728.58bn |
| Target | 4.242bn |
Latest Stories
-
Power restoration fault suspected in Kumasi Central Market fire
2 hours -
The 7-foot giant of Ngleshie Amanfro: Seven-foot Ghanaian Ephraim Saawa dreams of joining the national basketball team
3 hours -
Government promises support for Kumasi Central Market fire victims
3 hours -
Vibes The Movie: Big Ghun’s Ghanaian film earns five nominations at 2026 REFFA
3 hours -
MamaCare CEO warns unresolved conflicts among health workers could undermine maternal and neonatal care
4 hours -
Health professionals urged to translate medical knowledge into practice to save mothers
4 hours -
Conflicts among care providers linked to maternal, neonatal deaths – Expert
6 hours -
GIS marks 10th TIME conference, champions improved teaching practices
6 hours -
BRICS Or Balance? What Ghana’s bid really means
6 hours -
GPRTU wants full TRAFFITECH-GH implementation to start in 2027
6 hours -
Mahama announces plans to import electric wheelchairs for PWDs
6 hours -
KGL U17 Colts 2026: Western beat Prempeh Elite Academy to set up final final with Greater Accra Region
7 hours -
Late Solanke strike salvages 10-man Spurs draw at Man United
7 hours -
Gender Ministry to monitor welfare of Nana Akua Addo’s children amid domestic violence case
7 hours -
Benedict Okyere Yeboah: Ghana’s football problem goes beyond sacking a coach
7 hours