The government again exceeded its treasury bills target by 4.12%, reaching GH¢2.54 billion, as demand for treasury bills persisted.

The government accepted bids of GH¢1.91 billion from investors.

A little over GH¢1.5 billion of the bids were tendered for the 91-day bill, representing 59% of the total bids. The uptake was, however, about GH¢1.2 billion.

The 182-day bill received bids of about GH¢423.47 million. About GH¢395 million was accepted.

For the 364-day bill, about GH¢613 million of the bids were tendered. A little above GH¢292 million of bids were accepted.

Meanwhile, interest rates declined across the shorter end of the yield curve, but rose on the longer end of the yield curve.

The yield on the 91-day bill declined by 7.0 basis points to 4.54%.

Similarly, the 182-day bill also went down to 6.26% from the previous week’6.26%.

Also, the yield on the 364-day bill dropped by 15.0 basis points to 9.60%.

SECURITIES	BIDS TENDERED (GH¢)	BIDS ACCEPTED (GH¢)
91 Day Bill	1.510bn	1.229bn
182 Day Bill	423.74m	395.74m
364 Day Bill	613.83m	613.83m

Total	2.547bn	1.917.73bn
Target	2.447bn

Add MyJoyOnline as a preferred source on GoogleSee more of our stories when you search on Google. (opens in a new tab)

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

Tags:

T-bills Auction: Government Exceeds Target by 4.12%, Interest Rates Drop

Suggested for you

More Stories

Bellingham Scores His 50th Goal as Alexander-Arnold Gets Rare Start

MTN Ghana Pays GH¢9 Billion to Government, Makes GH¢7.8 Billion Profit in First 9 Months of 2026

I will tell my players to dive in future - Iraola

Fitch Solutions Still Expects Ghana's Economy to Grow Near 6% in 2026, But Warns Growth Will Slow in 2027

Sand contractors in Dawa ask government to clarify enforcement rules - they do not know who can fine them

Sakumono murder: Police catch main suspect at his hideout

Discussion