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Yields in 91-day and 182-day Bills up by 0.14%

3 years ago
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Yields in 91-day and 182-day Bills up by 0.14%

The Bank of Ghana’s Treasury bills auction worth GH¢1,953.83 million was oversubscribed by 37.30%.

At the end of the auction, T-bills worth GH¢1,571.46 million were accepted across 91-Day bills, and GH¢382.37 million across 182-Day bills.

Accepted bids equalled tendered bids by representing an  acceptance rate of 100%, an increase of 355bps compared  to a 343bps decrease the previous week. 

BREAKDOWN OF TOTAL AMOUNT RAISED THIS WEEK 

Treasuries Bids Tendered  (GH¢ MN)Bids Accepted  (GH¢ MN)
91-Day T-Bill 1,571.46 1,571.46
182-Day T-Bill 382.37 382.37
TOTAL 1953.83 1,953.83

Yields in 91-Day and 182-Day bills each increased marginally  by 0.14% to settle at 35.76%, and 35.81% respectively. 

The target for the next auction (Tender #1837) is GH¢2,759.00

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