Government to borrow GH¢4.968 billion in latest treasury bills auction

The government is set to borrow GH¢4.968 billion in its next treasury bills auction.

This is expected to be from the 91-day, 182-day bill and the 365-day bill.

In its latest treasury bill auction, the government secured GH¢5.30 billion missing its target of GH¢6.558 billion.

The auction that happened on August 9, 2024, issued on August 12, 2024, secured GH¢4.101 for the 91-day bill.

The government accepted GH¢967.19 billion for the 182-day bill and GH¢231.14 billion for the 365-day bill.

Last week, the government sold a total amount of GH¢ 3.803 billion. Interest rates stood at 24.82% for the 91-day bill, 26.76% for the 182-day bill, and 27.85% for the 365-day bill.

According to the Bank of Ghana results, all bids tendered in this week’s auction were accepted.

SSD/NOQ

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Andrew Tandoh-Adote of Roverman Productions on how Uncle Ebo Whyte contributed to his career and personality.#ExcellenceInTheatre#CelebratingEboWhyte#EboWhyteAt70 pic.twitter.com/mldw8qJXxt

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