Investor appetite eases as T-bill sales fall short of target

The government has raised GH¢2.89 billion in its latest treasury bill auction, falling short of its target of GH¢6.578 billion by GH¢3.687.97 billion.

This comes after an oversubscription of 23% last week.

The results from the auction on October 17, 2025, showed that total bids submitted amounted to GH¢2.926 billion; however, not all bids were accepted.

Total bids tendered for the 91-day bill were GH¢2.085 billion, but only GH¢2.080 billion were accepted.

For the 182-day bill, only GH¢699.66 million was accepted from the total bids worth GH¢704.66 million.

The 91-day bill cleared at 10.69, up from 10.53% at the previous auction.

The 182-day and 364-day tenors were auctioned at 12.43% and 12.92%, respectively.

The government is scheduled to return to the market on October 17, 2025, aiming to raise GH¢6.824 billion.

SSD/AE

Watch the latest episode of Health Focus below