The government surpassed its Treasury Bills auction target, pulling in GH¢11.4 billion—well above the GH¢9.32 billion goal—thanks to robust investor interest.
Bank of Ghana’s Tender 1995 results from Friday, February 20, revealed bids totaling GH¢25.2 billion across 91-day, 182-day, and 364-day maturities, with GH¢11.41 billion accepted.
91-day bill: GH¢8.61 billion in bids; GH¢3.19 billion accepted.
182-day bill: GH¢7.22 billion in bids; GH¢2.45 billion accepted.
364-day bill: GH¢9.38 billion in bids (highest demand); GH¢5.78 billion accepted.
Weighted average interest rates came in at 6.45% for 91-day, 8.18% for 182-day, and 10.21% for 364-day bills.
Looking ahead, Tender 1996 targets GH¢5.81 billion across the same maturities.
Story by: Mercy Addai Turkson#ahotorfmonline.com