In its most recent treasury bill auction, the government raised GH¢4.488 billion, falling short of its GH¢4.721 billion target.
The auction held on July 12, with results issued on July 15, secured GH¢3.540 billion for the 91-day bill.
For the 182-day bill, the government accepted GH¢782 million, while GH¢165.36 million was secured for the 365-day bill.
The government sold a total of GH¢3.344 billion last week.
Interest rates were 24.78% for the 91-day bill, 26.74% for the 182-day bill, and 27.78% for the 365-day bill.
According to the Bank of Ghana, all bids submitted in this week’s auction were accepted.
The government has set a new target of GH¢5.310 billion for its next auction.