Ghana raises 14.97 billion cedis through Treasury bills
By the AFREEQUE newsroom, based on MyJoyOnline
The Ghanaian government accepted 14.97 billion cedis in Treasury bills in October, against a target of 16.37 billion. Investors offered 19.9 billion cedis, while yields on three-, six- and 12-month bills fell, according to MyJoyOnline.
Investors submitted 19.9 billion Ghanaian cedis in Treasury bill bids in October 2026, exceeding the target of 16.37 billion by 21.99%, MyJoyOnline reports. The Ghanaian government accepted 14.97 billion cedis, however, 1.40 billion less than the amount sought.
At October’s final auction, bids fell 40.28% week on week to 2.55 billion cedis. They nevertheless exceeded the 2.45 billion target by 4.13%, while the government accepted 1.92 billion. Yields fell across all three maturities, to 4.60% for 91-day bills, 6.26% for 182-day bills and 9.60% for 364-day bills.
The government is seeking to raise 3.54 billion cedis this week through these three maturities to cover 3.21 billion cedis’ worth of bills coming due.
