T-bills sales hit GH¢5.83 billion at February 6 auction

The government, in its February 6, 2026, auction, surpassed its treasury bills target by an impressive 246%.

The initial goal of raising GH¢4.98 billion was exceeded, with GH¢5.83 billion accepted.

Data from the Bank of Ghana indicates that total bids reached GH¢17.24 billion.

This marks the tenth consecutive oversubscription of T-bills, following weeks of undersubscription in the final quarter of 2025.

The strong investor appetite shows sustained confidence in government securities, particularly treasury bills, compared to other instruments such as BoG Bills.

T-bill demand hits record high for ninth straight week

It, however, also shows how interest rates are aligning with the policy rate cut.

The 364-day bill recorded the highest bids with ¢6.94 billion in bids, of which GH¢2.00 billion was accepted.

The 91-day bill also recorded GH¢6.57 billion in terms of bids, with GH¢2.52 billion accepted, while the 182-day bill received GH¢3.72 billion in bids, out of which GH¢1.30 billion was accepted.

The government is expected to raise its T-bills target to GH¢6.42 billion in its next auction as interest rates fall sharply across the board.

SP/EB

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