T-bill demand hits record high for ninth straight week

The government is still attracting strong interest in its treasury bill (T-bill) sales, with investors putting in more money than the government needed for the ninth week in a row.

This strong demand comes after the Bank of Ghana cut its policy rate by 2.5 percentage points to 15.5%, making T-bills more attractive to investors.

According to the Bank of Ghana, investors offered about GH¢17.1 billion in total at the latest auction, but the government accepted GH¢12.3 billion of that amount.

Here's how treasury bills fared in the fourth week of January 2026

All three types of T-bills; 91-day, 182-day, and 364-day, received strong interest.

For the second week running, the 364-day bill was the most popular. Investors offered GH¢6.54 billion, and the government accepted GH¢5.97 billion.

The 91-day bill saw GH¢5.91 billion in bids, but only GH¢2.79 billion was accepted.

For the 182-day bill, investors tendered GH¢4.65 billion, with GH¢3.55 billion taken up.

SP/MA

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