In its latest treasury bill auction, the government secured GH¢5.30 billion missing its target of GH¢6.558 billion.

The auction that happened on August 9, 2024, issued on August 12, 2024, secured GH¢4.101 for the 91-day bill.

The government accepted GH¢967.19 billion for the 182-day bill and GH¢231.14 billion for the 365-day bill.

Last week, the government sold a total amount of GH¢ 3.803 billion. Interest rates stood at 24.82% for the 91-day bill, 26.76% for the 182-day bill, and 27.85% for the 365-day bill.

According to the Bank of Ghana results, all bids tendered in this week’s auction were accepted.

The government has set its next auction target at GH¢4.968 billion.

SSD/NOQ


Watch the latest edition of BizTech below:



Ghana’s leading digital news platform, GhanaWeb, in conjunction with the Korle-Bu Teaching Hospital, is embarking on an aggressive campaign which is geared towards ensuring that parliament passes comprehensive legislation to guide organ harvesting, organ donation, and organ transplantation in the country.

Click here to follow the GhanaWeb Business WhatsApp channel


Meanwhile, GhanaWeb is set to premiere a documentary on playwright Uncle Ebo Whyte on Monday, August 19, 2024. Watch the trailer below: