Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd
The Government of Ghana accepted GH¢3.16 billion from its latest Treasury bills auction, falling short of its GH¢3.37 billion target as investor demand moderated sharply from the previous week.
Results of Tender 2014, held on July 2, 2026, showed that bids tendered across the 91-day, 182-day and 364-day bills amounted to GH¢4.16 billion, with the government accepting GH¢3.16 billion.
The securities will be issued on July 6, 2026. The accepted amount represented 93.80% of the auction target of GH¢3.37 billion, leaving a shortfall of about GH¢207.73 million.
The outcome points to a more cautious auction environment, especially after the previous tender attracted GH¢7.37 billion in bids, of which GH¢6.01 billion was sold.
The 91-day bill remained the main funding instrument, attracting GH¢1.69 billion in bids. Government accepted GH¢1.63 billion, making it the largest contributor to total accepted bids.
Source: newsthemegh.com