Audio By Carbonatix
Investors continued to ditch the treasury market despite the Finance Minister, Dr. Cassiel Ato Forson, unveiling the 2026 Budget.
According to the Bank of Ghana's auction results, the government failed to meet its target yet again.
The government received GH¢3.94 billion of the total bids, but accepted GH¢3.83 billion of the bids.
A little over 77% of the bids came from the 91-day bill. About GH¢3 billion of the bids were tendered. The uptake was GH¢2.9 billion.
For the 182-day bill, GH¢613.2 million of the bids were tendered. The bids accepted were estimated to the tune of GH¢608.2 million.
Also, GH¢257.1 million of the bids were tendered for the 364-day bill. About GH¢254 million of the bids were accepted.
Meanwhile, interest rates continued to rise on the yield curve.
The 91-day bill increased by 10 basis points to 11.02%.
That of the 182-day bill also shot up to 12.66% from 12.61% the previous week.
However, the yield on the 364-day bill decreased by 7.0 basis points to 13.08%.
| SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
| 91 Day Bill | 3.07bn | 2.97bn |
| 182 Day Bill | 613.27m | 608.27m |
| 364 Day Bill | 257.13m | 254.13m |
| Total | 3.94bn | 3.83bn |
| Target | 5.67bn |
Latest Stories
-
New Juaben North MP challenges gov’t to provide evidence of jobs created and cheap loans
38 minutes -
Nadowli-Kaleo District marks 69th Independence Day with cultural exhibition, academic awards
1 hour -
Confusion, tension rock NPP polling station registration exercise in Tarkwa-Nsuaem
2 hours -
Burger King opens first Kumasi branch in Ahodwo
2 hours -
Burma Camp Tennis Club hosts successful 12th Ghana–Nigeria Independence Day Tennis Tournament
2 hours -
Rights, justice and action for all women and girls must include women and girls with disabilities
2 hours -
The Lover and the Fighter: China, the west, and Africa’s geopolitical awakening
3 hours -
UCC student dies in tragic road accident on campus
3 hours -
Health Ministry establishes committee to probe death of hit-and-run victim
3 hours -
RTI Commission, NACOC explore collaboration to promote transparency and accountability
3 hours -
Three dead as truck overturns near Asenema Waterfalls
4 hours -
Four Ghanaian UN peacekeepers recovering after Lebanon missile attack — Defence Ministry
4 hours -
Police restore calm at Twifo Bimpong-Agya after youth clash kills one
5 hours -
US court hears how Ghanaian scammer made over $10m posing as fake romantic partner
5 hours -
Pakistani man found guilty in Iran-backed plot to kill US politicians
5 hours