The government has announced plans to auction GH¢4.363 billion in treasury bills next. This auction is scheduled for August 2, 2024, with the issuance date set for August 6, 2024.
In the most recent treasury bill auction, the government raised GH¢4.062 billion, falling short of its target of GH¢4.779 billion.
During the July 24 auction, issued on July 15, 2024, GH¢2.404 billion was raised for the 91-day bill.
The government accepted GH¢1.179 billion for the 182-day bill and GH¢477.58 million for the 365-day bill.
Last week, the government sold a total of GH¢4.779 billion in treasury bills. The interest rates were 24.78% for the 91-day bill, 26.74% for the 182-day bill, and 27.85% for the 365-day bill.
According to the Bank of Ghana, all bids submitted in this week’s auction were accepted.