Audio By Carbonatix
For the fourth week, the government recorded an oversubscription of its treasury bills sale.
The target for the auction was estimated at GH¢3.7 billion, but the government received GH¢5.6 billion, about 47.7% oversubscription.
It however accepted GH¢5.3 billion of the total bids.
A little over 45% of the bids came from the 91-day bill. About GH¢2.5 billion of the bids were tendered. The uptake was GH¢2.3 billion.
For the 182-day bill, GH¢1.52 billion of the bids were tendered. The bids accepted were estimated to the tune of GH¢1.45 billion.
Also, GH¢1.538 billion of the bids were tendered for the 364-day bill. GH¢1.533 billion of the bids were accepted.
Meanwhile, interest rates declined across the yield curve.
The yield on the 91-day bill decreased by 3.0 basis points to 11.08%.
That of the 182-day bill, also dropped to 12.43%, from 12.54% the previous week.
The yield on the 364-day bill went down by 17 basis points to 12.91%.
Latest Stories
-
Ghana ranked joint 6th in 2026 Absa Africa Financial Markets Index
9 minutes -
Demand and savings deposits decreased in August 2026, but currency outside banks increased by 4%
37 minutes -
Fiscal policy implementation poses downside risk to inflation – BoG
1 hour -
Organised Labour should seek fair adjustment, not excessive pay rise – Labour consultant
1 hour -
BoG maintains medium-term inflation target of 8 ± 2%
1 hour -
Sammi Awuku urges NPP Germany to unite ahead of 2028 elections
2 hours -
The Inconvenient Truth: We cannot pray for the cure while protecting the disease
3 hours -
MTN Ghana trains civil society organisations on artificial intelligence
3 hours -
GoldBod FX framework aims to make dollar supply predictable – Acheampong
4 hours -
How does a Ghanaian team make it to the BAL?
4 hours -
Ghana’s investment climate presents opportunities for industrial growth and job creation.
4 hours -
‘I paid thousands to a company for jobs that never came’
4 hours -
SSNIT intensifies informal sector enrolment drive with Techiman float
5 hours -
Ghana seeks long-term mining investments that benefit local communities – Armah-Kofi Buah
5 hours -
GHATOF demands compensation for 85 businesses affected by La Pleasure Beach demolition
5 hours