Government exceeds treasury bills target

The Government has exceeded its Treasury bills target in the latest auction held by the Bank of Ghana, showing strong demand from investors.

Results of Tender 2010, conducted on June 5, 2026, showed that the Government planned to raise GH¢5.442 billion through the sale of 91-day, 182-day and 364-day Treasury bills.

However, the amount accepted from investors was about GH¢5.832 billion.

This means the Government exceeded its target by about GH¢389.86 million.

Total bids submitted by investors reached about GH¢6.092 billion, which showed that more money was offered than expected.

This strong participation indicated that investors have confidence in government securities and that there is enough money in the financial system.

The 91-day bill recorded the highest demand; about GH¢3.563 billion was offered, and GH¢3.508 billion was accepted.

For the 182-day bill, GH¢1.714 billion was tendered, with GH¢1.684 billion accepted.

The 364-day bill had GH¢816 million in bids, but only GH¢640 million was taken.

The 91-day bill had an average rate of about 5.01 percent, the 182-day bill recorded about 7.09 percent, while the 364-day bill had the highest rate of about 10.84 percent.

The next auction, known as Tender 2011, is expected to target GH¢7.425 billion.