• 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

T-Bill Auction: Investors Throw GHS 20.4 Billion at Gov’t as Oversubscription Streak Continues

6 months ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
809
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

T-Bill Auction: Investors Throw GHS 20.4 Billion at Gov’t as Oversubscription Streak Continues

Investors made bids worth GHS 20.49 billion for the Government’s short-term debt instruments in last Friday’s T-Bill auction.

The bids were an overwhelming 165% oversubscription of the GHS 7.72 billion auction target set by the Government.

Of the GHS 20.49 billion bids submitted by primary dealers for the short-term debt instruments, the Government rejected bids worth GHS 10.86 billion.

The Government accepted bids worth GHS 9.63 billion, GHS 1.90 billion more than the set auction target of GHS 7.72 billion.

Bids made for the 91-day and 182-day bill amounted to GHS 7.38 billion and GHS 5 billion respectively, of which GHS 4.23 billion and GHS 1.43 billion were accepted by the Government.

Bids submitted for the 364-day bill amounted to GHS 8.11 billion of which GHS 3.96 billion was accepted by the Government.

RelatedPosts

Troubled Manchester United Boss Amorim Contemplates Future After Grimsby Debacle

African Athletes Shine in 2025 Diamond League: A Celebration of Talent

BoG Designates Digital Credit Services as Non-Bank Financial Service

Interest rates on the short-term debt instruments witnessed reductions despite the oversubscription by investors.

Interest rates on the 91-day and 182-day T-Bills declined to 24.47% and 25.38% from the previous rates of 26.85% and 27.80% respectively.

The 364-day also ended the auction with a reduced interest rate of 27.29% from the previous rate of 29.07%.

Looking forward, the Government will be looking to raise GHS 6.49 billion in additional debt on Friday, February 28, 2025.

Tags: Oversubscription StreakT-Bill auctionT-Bill Auction: Investors Throw GHS 20.4 Billion at Gov't as Oversubscription Streak Continues

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Finance Minister Urges Fairer Global Framework as Africa’s Debt Burden Hits $1.3 Trillion 

UK Pledges Support as Ghana Faces GIABA Assessment Amid Gold Sector Scrutiny

BOST Holds 2025 AGM, Tasked to Deliver Profitability and Support Green Transition

Brussels Airlines Adds 5 More A320neo Aircraft to its Fleet

Bog Governor Hints at $4bn Inflows From COCOBOD Financing Deal to Support Cedi

Dangote to Build $2.5 Billion Fertiliser Facility in Ethiopia

Trending

Features

Troubled Manchester United Boss Amorim Contemplates Future After Grimsby Debacle

August 29, 2025

Troubled Manchester United Boss Amorim Contemplates Future After Grimsby Debacle Manchester United manager Ruben Amorim has candidly...

African Athletes Shine in 2025 Diamond League: A Celebration of Talent

August 29, 2025
Governor of the Bank of Ghana (BoG), Dr Johnson Asiama,

BoG Designates Digital Credit Services as Non-Bank Financial Service

August 29, 2025

Finance Minister Urges Fairer Global Framework as Africa’s Debt Burden Hits $1.3 Trillion 

August 29, 2025

UK Pledges Support as Ghana Faces GIABA Assessment Amid Gold Sector Scrutiny

August 29, 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.