Audio By Carbonatix
For the 5th consecutive week, the government failed to meet its treasury bills target.
According to auction results from the Bank of Ghana, the government got GH¢5.300 billion from the sale of the short-term instruments.
This was about 19% lower than the targeted amount of GH¢ 6.558 billion.
All the bids tendered were, however, accepted.
Around GH¢ 4.101 billion came from the 91-day bill, approximately 77.3% of the total bids tendered.
For the 182-day bill, GH¢ 967.19 million was tendered.
The 364-day bill however received total bids worth GH¢ 231.14 million.
Meanwhile, interest rates surged marginally due to the tightening liquidity.
The yield on the 91-day bill was 24.825% from 24.820 the previous week.
That of the 182-day bill was 26.764% from the preceding week’s 26.76%.
The rate of the 364-day bill was however 27.857% as against the past week’s 27.85%.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | GH¢ 4.101 billion | GH¢ 4.101 billion |
| 182 Day Bill | GH¢ 967.19 million | GH¢ 967.19 million |
| 364 Day Bill | GH¢ 231.14 million | GH¢ 231.14 million |
| Total | 5.300 billion | 5.300 billion |
| Target | 6.558 billion |
Latest Stories
-
GPL 2025/26: Asante Kotoko draw with GoldStars to extend winless run
2 hours -
Fire guts temporary wooden structures at Afful Nkwanta in the Ashanti Region
3 hours -
Haruna Iddrisu didn’t approve gender identity content – Education Ministry
3 hours -
‘We are not for sale’: Thousands rally in Greenland and Denmark against Trump’s annexation threat
3 hours -
Deputy Education Minister directs GES to act on video of SHS students displaying charms
4 hours -
From camouflage to tracksuits – Guinea’s junta leader becomes civilian president
4 hours -
Iran supreme leader admits thousands killed during recent protests
4 hours -
Judiciary to roll out court decongestion measures, galamsey courts – Chief Justice
5 hours -
Ugandan leader to extend 40-year rule after being declared winner of contested poll
6 hours -
Residents demand action on abandoned Salaga–Kumdi–Kpandai road
6 hours -
Ghana, Japan explore ways to deepen long-standing bilateral ties
6 hours -
Ghana Navy foils illegal fuel bunkering operation along Volta coastline
6 hours -
Gov’t assures minimal power disruption during WAPCo gas pipeline maintenance
7 hours -
Burna Boy and Sporty Group unveil new single “For Everybody” celebrating Africa’s sports heritage and cultural excellence
7 hours -
Achieve By Petra partners Richie Mensah to drive financial independence
7 hours