Gov’t raises GHS 827m at increased yields on fixed income market
Government, at last week’s auction, raised a total of GHS 827 million from the issuance of the 91 and 182 days treasury bills at increased yields of 12.91% and 13.26% respectively.
Compared to the previous week, yields reflected increments of 0.22% and 0.03%for the 91 and 182 days treasury bills.
Indicating that, yields for the 91 and 182 days treasury bills were previously 12.69% and 13.26% respectively.
| RESULTS OF LAST WEEK’S TREASURY BILL AUCTION | |||
| GOG Treasuries | Current | Previous | Change |
| 91-Day T-Bills | 12.91% | 12.69% | 0.22% |
| 182-Day T-Bills | 13.29% | 13.26% | 0.03% |
Bids tendered in for the 91 and 182 day bills amounted to GHS 714 million and GHS 112 million with government accepting all bids made.
Read: Government mobilizes GHC 3.7bn from Covid-19 levy, Sanitation levy in 2021
BOG Offer Tendered Accepted
| BREAKDOWN OF TOTAL AMOUNT RAISED THIS WEEK | ||
| Treasuries | Bids Tendered (GH¢ MN) | Bids Accepted (GH¢ MN) |
| 91-Day T-Bill | 714.95 | 714.95 |
| 182-Day T-Bill | 112.19 | 112.19 |
| TOTAL | 827.14 | 827.14 |
Government’s target for the next auction (Tender #1787) is GH¢1,324 million in the 91-day bills, 182-day bills and 364-day bills.
Read report below:
Fixed Income Market Report_21.02.2022 (1) by Fuaad Dodoo on Scribd
