The government’s latest Treasury Bill auction resulted in an undersubscription of GH¢608.88 million for the 3rd consecutive week.

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

The government’s latest Treasury Bill auction, held on August 22, 2025, resulted in an undersubscription of GH¢608.88 million for the third consecutive week, as interest rates increased slightly.

However, the 364-day bill saw a total of GH¢430.38 million being tendered, but only GH¢397.82 million was accepted.

Interest rates, however, have risen marginally from 10.13% for the 91-day bill last week to 10.41%. Yields on the 182-day bill fell from 13.08% to 12.38%, and the 364-day bill fell to 13.00%.

The government, however, is targeting GH¢6.723 billion from the 91-day, 182-day, and 364-day bills in its next auction on August 29, 2025.

Source: newsthemegh.com