• 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-Bills Undersubscription: Gov’t Continues to Miss Auction Targets; Raises GHS 5.2 Billion in Latest Auction

11 months ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Markets
1 min read
0 0
0
152
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

T-Bills Undersubscription: Gov’t Continues to Miss Auction Targets; Raises GHS 5.2 Billion in Latest Auction

The Government’s struggle to meet its Treasury Bill auction targets has persisted for the sixth week in a row, as the latest auction raised GHS 5.22 billion, narrowly missing the GHS 5.31 billion target by GHS 91 million.

This ongoing shortfall highlights growing concerns about the government’s ability to secure adequate funding through short-term debt securities.

Investor sentiment was most robust for the 91-day Treasury Bill, which garnered bids totaling GHS 3.72 billion.

The 182-day bill attracted GHS 1.25 billion, while the 364-day bill saw bids amounting to GHS 252 million.

Despite the high interest, the undersubscription signals underlying challenges in the government’s efforts to meet its funding needs.

Yields on the T-Bills experienced minor adjustments across board, with the 91-day bill inching up by 0.06% to 24.78%.

RelatedPosts

Multichoice Rebuffs Minister’s Claim On DSTV Price Cuts, Cites Market Conditions

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

The 182-day bill also saw a modest increase of 0.06%, settling at 26.68%, while the 364-day bill declined slightly by 0.04% to 27.81%.

These fluctuations reflect the delicate balancing act the government faces in maintaining investor appeal while addressing its liquidity constraints.

Looking forward, the government plans to raise GHS 5.08 billion in its upcoming Treasury Bill auction, with a continued focus on the 91-day, 182-day, and 364-day bills to align with market demand.

However, the persistent liquidity challenges that have contributed to recent undersubscriptions remain a key concern.

In the broader fiscal strategy, the government has outlined an ambitious plan to raise GHS 78.44 billion from the domestic money market during the third quarter of 2024.

Of this total, GHS 53.80 billion will be allocated for rolling over maturing short-term securities, while GHS 24.63 billion is earmarked for fresh issuances aimed at addressing the government’s financing needs.

The success of this plan will be crucial in determining the government’s ability to navigate its current economic challenges.

 

Tags: Miss Auction TargetsT-Bills UndersubscriptionT-Bills Undersubscription: Gov't Continues to Miss Auction Targets; Raises GHS 5.2 Billion in Latest Auction

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

OPEC+ Nears Decision Point on Next Oil Output Hike

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Trending

Business

Multichoice Rebuffs Minister’s Claim On DSTV Price Cuts, Cites Market Conditions

August 3, 2025

Multichoice Rebuffs Minister's Claim On DSTV Price Cuts, Cites Market Conditions MultiChoice Ghana has pushed back against...

MTN Nigeria Now the Most Capitalized Stock in Nigeria

August 3, 2025

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

Europe’s Energy Future Hinges on Global Powers

August 3, 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.