The Government recorded another oversubscription in its Treasury bills auction during the week Finance Minister Dr Cassiel Ato Forson presented the 2026 Mid-Year Budget Review.
According to auction results released by the Bank of Ghana, the Government exceeded its target by 30.3 per cent, receiving bids worth GH¢12.3 billion. Of that amount, GH¢11.5 billion was accepted.
The 364-day Treasury bill remained the most sought-after instrument, attracting bids of GH¢8.1 billion, representing 65.5 per cent of total bids. The Government accepted GH¢7.8 billion of those bids.
The 182-day bill received bids totalling GH¢1.3 billion, with just over GH¢1.1 billion accepted.
For the 91-day bill, investors submitted bids worth GH¢2.9 billion, of which slightly more than GH¢2.6 billion was accepted.
Meanwhile, yields declined across all tenors.
The yield on the 91-day bill fell by 11 basis points to 5.76 per cent.
The 182-day bill declined to 7.68 per cent, down from 7.78 per cent the previous week.
Similarly, the yield on the 364-day bill eased by 3 basis points to 12.96 per cent.
