With bids totalling GH¢5.7 billion, the 91-day bill was once again the most subscribed bill.

by Mawuli
56 views

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd

The 91-day bill was once again the most subscribed bill as GH¢5.7 billion of the bids were tendered, representing 73% of the total bids.

The uptake was, however, GH¢4.3 billion.

The 364-day bill also recorded bids of about GH¢1.4 billion.

The bids accepted were a little above GH¢1.1 billion.

For the 182-day bill, GH¢655.12 million of the bids were tendered. About GH¢ 571 of the bids were accepted.

Meanwhile, interest rates were mixed on the yield curve.

The yield on the 91-day bill fell by 4.0 basis points to 4.88%.

That of the 182-day bill also went up to 7.03% from 6.97% the previous week.

On the other hand, the yield on the 364-day bill decreased by 6.0 basis points to 10.13%.

Source: newsthemegh.com

Related Articles