The government accepted GH¢3.48 billion in treasury bill bids in its latest auction, falling short of the GH¢5.01 billion target. The shortfall of approximately GH¢1.53 billion represents about 69.5% of the intended proceeds.
All three tenors received less than the total amount tendered, with the 91‑day bill accounting for the largest share of accepted bids. Investors tendered GH¢2.94 billion for the 91‑day bill, of which GH¢2.20 billion was accepted, lifting the yield marginally to 4.62% from 4.60%.
For the 182‑day bill, bids totaled GH¢1.11 billion while GH¢692 million was accepted, pushing the yield up to 6.31% from 6.28%. The 364‑day bill attracted GH¢1.12 billion in bids, with GH¢587 million accepted, and the yield eased on this tenor.
The Treasury is targeting GH¢3.80 billion in its next auction, aiming to better align proceeds with fiscal needs.
