Income Market: Gov’t accept bids worth GHS 1.83bn
Government, at last week’s auction, raised a total of GHS 1,839 million from the issuance of the 91, 182 and 364 days treasury bills.
Some GHS 1,428 million was raised in 91-Day Bills, GHS 282 million in the 182- Day Bills and GHS 128 million in the 364-Day Bills.
BREAKDOWN OF TOTAL AMOUNT RAISED THIS WEEK | ||
Treasuries | Bids Tendered (GH¢ MN) | Bids Accepted (GH¢ MN) |
91-Day T-Bill | 1450.07 | 1428.86 |
182-Day T-Bill | 282.13 | 282.13 |
364-Day T-Bill | 130.77 | 128.77 |
Auction results released by the Bank of Ghana, revealed that, yields on government short term securities continued to climb up, reflecting current inflationary pressures to settle at 27.34%, 28.73% and 28.40% for the 91-Day Bills, 182-Day Bills and 364- Day Bills respectively.
RESULTS OF LAST WEEK’S TREASURY BILL AUCTION |
91-Day T-Bills | 27.34% | 27.04% | 0.26% |
182-Day T-Bills | 28.73% | 28.51% | 0.23% |
364-Day T-Bills | 28.83% | 28.40% | 0.43% |
The target for the next auction (Tender #1812) is GHS 823 million in 91-Day Bills and 182-Day Bills.
Examine report below:
Fixed Income Market Report_15.08.2022 by Fuaad Dodoo on Scribd