• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Fixed Income Market: Government exceeds auction target of GHS 1,325 million

3 years ago
in Business, Features, highlights, Home, home-news, latest News, Markets
2 min read
0 0
0
92
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Fixed Income Market: Government exceeds auction target of GHS 1,325 million

The government exceeded its target of raising some GHS 1,325 million in the issuance of the 91 and 182 days treasury bills on the fixed income market.

At last week’s auction, government in auctioning the short term debt instruments managed to secure GHS 1,504 million raising an additional GHS 179 million to its programmed auction target of GHS 1,325 million.

Accepted bids were marginally below tendered bids as GHS 1,293.42 million was raised in 91-day bills and GHS 211.12 million in 182-day bills as compared to GHS 759.74 million raised in 91-day bills, GHS 200.69 million in 182-day bills and GHS 142.29 million in 364-day bills at the previous auction.

BREAKDOWN OF TOTAL AMOUNT RAISED THIS WEEK
Treasuries Bids Tendered  (GH¢ MN)Bids Accepted  (GH¢ MN)
91-Day T-Bill 1,311.89 1,293.42
182-Day T-Bill 231.96 211.12
TOTAL 1,543.85 1,504.54

Yields marginally moved up, reflecting current Inflationary pressures to  settle at 24.68% and 25.98% for the 91-day bills and 182-day bills respectively.

The tight monetary policy stance by BoG to help control the  price pressures is fuelling the rise in T-bill rates. 

RESULTS OF LAST WEEK’S TREASURY BILL AUCTION
GOG Treasuries Current Previous Change 
91-Day T-Bills 24.68% 23.70% 0.98%
182-Day T-Bills 25.98% 25.41% 0.57%

Government’s target for the next auction (Tender #1804) is GHS 1,311.00 million in 91- day bills,182-day bills and 364-day bills.

RelatedPosts

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

Fixed Income Market Report_20.06.2022 by Fuaad Dodoo on Scribd

Tags: 325 millionBank of Ghana (BoG)Fixed Income MarketFixed Income Market: Government exceeds auction target of GHS 1ghana
No Result
View All Result

Highlights

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

Banking Sector Soundness Remains Robust in 2024 Amid Strong Profitability, Adequate Capital Buffers

Sha’Carri Richardson Withdraws from US Trials Following Arrest

From Singuluma to El Kaabi: Can CHAN 2024 Unleash the Next Hat-trick Hero?

Ghana to Welcome King’s Baton Relay on August 8 Ahead of 2026 Commonwealth Games

Trending

Features

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

August 2, 2025

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes Parliament has adjourned...

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

August 2, 2025

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

August 2, 2025

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

August 2, 2025
Bank of Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

August 2, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.