The Treasury Bill auction held on Thursday saw the government raise GH¢2.54 billion, 4.12% above its target, as investors continued to bid on the bills.
Investors tendered GH¢1.91 billion in bids, with a little over GH¢1.5 billion allocated to the 91‑day bill, representing 59% of total bids, though only about GH¢1.2 billion was accepted.
The 182‑day bill attracted bids of roughly GH¢423.47 million, of which about GH¢395 million were accepted. For the 364‑day bill, bids totaled about GH¢613 million, with just over GH¢292 million accepted.
Yield movements reflected the market’s reaction: the 91‑day bill’s yield fell 7.0 basis points to 4.54%, the 182‑day bill’s yield slipped to 6.26%, and the 364‑day bill’s yield dropped 15.0 basis points to 9.60%.
While short‑term rates eased, longer‑term yields edged up, signalling mixed investor sentiment across the yield curve.
