T-bills auction: Gov’t exceeds target by 12%; 91-day and 182-day yields decline
Demand for treasury bills increased as the government exceeded its target by about 12%. This is coming after the government announced it would raise GHȼ15.3 billion in the final quarter of 2026. The government received total bids of GH¢4.26 billion from the investors, but accepted GH¢3.9 billion. A little over GH¢2.8 billion of the bids […]
In a recent treasury bill auction, the government surpassed its target by around 12%, securing GH¢3.9 billion out of the total GH¢4.26 billion bids received from investors. The 91-day bill drew the most attention, with 67% of the total bids being accepted, amounting to GH¢2.5 billion. The 182-day bill also saw significant interest, with about GH¢420 million worth of bids accepted.
However, the 364-day bill had a lower acceptance rate, with only around GH¢420 million of the GH¢873 million bids made. As a result, the yields on the shorter term bills decreased, while the yields on the longer term bills increased. The yield on the 91-day bill dropped by a basis point to 4.61%, the 182-day bill fell to 6.27% from 6.31% the previous week, while the 364-day bill saw an increase of 4.0 basis points to 9.75%.
Written by urgent.news from Adom Online's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
