In the most recent Treasury securities auction, the Ghanaian government raised GH¢4.62 billion.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Government of Ghana raised GH¢4.62 billion in the latest Treasury securities auction held on Thursday, April 17, 2025, falling short of its GH¢6.60 billion target as investors continued to show strong preference for shorter-dated instruments.

According to auction results published by the Bank of Ghana, bids were received and accepted across the 91-day, 182-day, and 364-day tenors, with the 91-day bill receiving the bulk of subscriptions.

The breakdown of the accepted bids is as follows:

• 91-day bill: GH¢3.67 billion accepted out of GH¢5.05 billion tendered

• 182-day bill: GH¢630 million accepted out of GH¢905 million tendered

• 364-day bill: GH¢324 million accepted out of GH¢481 million tendered

The total auction results reflect an undersubscription of GH¢1.97 billion, underscoring a cautious investor stance despite persistent demand for short-term government securities.

Source: newsthemegh.com