The federal government missed its treasury invoice goal for the primary time in 2025.
In accordance with public sale outcomes by the Financial institution of Ghana, the federal government recorded an 18% under-subscription of the sale of the short-term devices.
The federal government acquired GH¢4.99 billion from the T-bills public sale. It nonetheless accepted GH¢ 3.31 billion.
A bit of the bids got here from the 91-day invoice as GH¢ 3.63 billion, representing 72.7% of the full bids have been tendered.
The 182-day invoice nonetheless obtained bids price GH¢741.38 million. Nevertheless, the uptake was GH¢ 574.49 million.
For the 364-day invoice, the bids tendered have been estimated at GH¢ 622.7 million. Nevertheless, GH¢406.07 million have been accepted.
In the meantime, rates of interest remained comparatively unchanged throughout the yield curve.
The yield on the 91-day T-bill fell by solely 12 foundation factors to fifteen.85%.
Nevertheless, that of the 182-day invoice was unchanged at 16.92%.
The speed on the 364-day invoice fell marginally to 18.84 from the earlier week’s 18.96%.
SECURITIES | BIDS TENDERED (GH¢) | BIDS ACCEPTED (GH¢) |
91 Day Invoice | 3.631bn | 2.339bn |
182 Day Invoice | 741.38m | 574.49m |
364 Day Invoice | 622.07m | 406.07m |
Complete | 4.994bn | 3.31bn |
Goal | 6.142bn |
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