• 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 Features

T-Bills auction target missed as bids fall by 12.5%

3 years ago
in Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
134
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

T-Bills auction target missed as bids fall by 12.5%

Government in the issuance of its 91,182 and 364 days treasury bills missed its target of raising GHS 1.28bn.

Government in the issuance of the short term debt securities managed to secure some GHS 1.12bn from the debt market.

By failing to achieve its auction target, government lost some GHS 159m (12.5%) in bids that would have otherwise accrued to it had it attained the GHS 1.28bn target.

Bids for the 91, 182 and 364 days T-Bills amounted to GHS 887 million, GHS 145 million and GHS 101 million respectively with government accepting all bids made for the 91, 182 and 364 days T-Bills.

The 91, 182 and 364 days T-Bills were auctioned at interest rates of 19%, 22% and 24% respectively.

Government’s inability to achieve its set targets for T-Bills auction can mainly be attributed to the disinterest of investors in the short term instruments given the high rate of inflation which currently stands at 23.6%.

RelatedPosts

Upstream Petroleum Expenditure Falls to $643m in H1 2025 – PIAC Report

Ghana’s Crude Oil Output Dips by 25.9% in First Half of 2025

IMF Highlights Advances, Complexities in Sovereign Debt Restructuring

With the outlook of inflation projected to remain negative and continue the upward trend, investors disinterest in the short-term debt instruments will continue. 

Government, in its next auction – June 3– is aiming at raising some GHS 1,228 million from the issuance of the 91 and 182 day bills.

Find details of auction results below:

Auctresults-1800 by Fuaad Dodoo on Scribd

Source: norvanreports
Tags: Bank of Ghana (BoG)T-Bills auction target missed as bids fall by 12.5%Treasury bills
No Result
View All Result

Highlights

IMF, Papua New Guinea Reach Staff-level Agreement for $219m Disbursement 

CUTS Urges Public Institutions to Treat Citizens as Customers, Not Subjects

Cristiano Ronaldo Becomes Football’s First Billionaire Player

World Bank Raises Ghana’s 2025 Growth Forecast to 4.3% Amid Stronger Economic Recovery

Nigeria Eyes Debut Global Sukuk, New Loans to Raise Total of $2.8bn

GSS to Produce Regional and District GDP Figures from 2026

Trending

Business

Upstream Petroleum Expenditure Falls to $643m in H1 2025 – PIAC Report

October 8, 2025

Upstream Petroleum Expenditure Falls to $643m in H1 2025 - PIAC Report Total upstream petroleum expenditure across...

Ghana’s Crude Oil Output Dips by 25.9% in First Half of 2025

October 8, 2025

IMF Highlights Advances, Complexities in Sovereign Debt Restructuring

October 8, 2025

IMF, Papua New Guinea Reach Staff-level Agreement for $219m Disbursement 

October 8, 2025

CUTS Urges Public Institutions to Treat Citizens as Customers, Not Subjects

October 8, 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.