Treasury Bill Auction Pulls GH¢5.01bn in Bids, Government Takes GH¢4.11bn
Ghana’s Treasury bill auction on 6 November attracted GH¢5.01bn in bids against a GH¢3.54bn target, with GH¢4.11bn accepted and most of it in 91-day paper.
Ghana’s Treasury bill auction on 6 November attracted GH¢5.01bn in bids against a GH¢3.54bn target, with GH¢4.11bn accepted and most of it in 91-day paper.
Ghana’s Treasury accepted GH¢1.92bn at the 30 October auction despite GH¢2.55bn in bids, missing its GH¢2.45bn target as it rejected higher-rate offers on the one-year bill.
Cocoa Research Co-operative Credit Union has cut its loan rate to 15.50 per cent and launched USSD banking, as assets jump 41 per cent to GH\u00a263.31 million in 2025.
Ghana’s Treasury rejected GH¢1.69 billion in bids at the October 16 auction, accepting just GH¢3.48 billion of a GH¢5.02 billion target as it defends low rates.
Ghana’s Treasury drew GH¢2.93 billion in bids against a GH¢2.24 billion target last week but accepted only GH¢1.77 billion, as T-bill yields fell across all tenors.
Ghana’s Treasury raised GH¢2.90bn against a GH¢2.75bn target as yields fell across all maturities, but nearly two-thirds of the borrowing matures in 91 days.