Government exceeded its Ghs 856 million target for the issuance of 91 and 182 days treasury bills issuance on Friday, February 5, 2021.
Government accepted all Ghs 1.07 billion bids made for the 91 and 182 days treasury bills.
Bids amounting to Ghs 1.56 billion was made for the 91 days T-bills but only Ghs 962 million was accepted by government. With respect to the 182 days T-bills, a total of Ghs 114 million bids were made with government accepting Ghs 113 million – Ghs 1 million less the total bids made.
The interest rate on the 91 day T-bills was 13.9 per cent with that of the 182 days being 14 per cent.
Government on the previous week – January 29 – accepted total bids of Ghs 1.22 billion for its 91, 182 and 364 days T-bills out of a total amount of Ghs 1.89 billion tendered.
In the next issuance, government will be seeking to raise some Ghs 1.21 billion in debt from the issuance of its 91, 182 and 364 days T-bills.
Find below the BoG’s auction results for Tender 1732 held on February 5:
BoG Auctresults 1732 by Fuaad Dodoo on Scribd
