{"id":129901,"date":"2023-12-11T18:20:28","date_gmt":"2023-12-11T18:20:28","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/12\/11\/government-secures-gh%c2%a24-12-billion-in-latest-treasury-bill-auction\/"},"modified":"2023-12-11T18:20:28","modified_gmt":"2023-12-11T18:20:28","slug":"government-secures-gh%c2%a24-12-billion-in-latest-treasury-bill-auction","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/12\/11\/government-secures-gh%c2%a24-12-billion-in-latest-treasury-bill-auction\/","title":{"rendered":"Government secures GH\u00a24.12 billion in latest treasury bill auction \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The government borrowed GH\u00a24.12 billion from treasury bills in its latest auction on December 8, 2023.<\/p>\n<p>The short-term instrument saw a marginal oversubscription of GH\u00a2208.46 million away from the government\u2019s target of GH\u00a23.919 billion in its latest auction on December 4, 2023.<\/p>\n<p>Interest rates on treasury bills have continued to increase but the government keeps getting oversubscriptions.<\/p>\n<p>Interest rates for the 365-day bill currently stands at 33.45%.<\/p>\n<p>According to the latest auction results from the Bank of Ghana, interest rates for the 91-day and 182-day bills have increased to 29.58% and 31.96% respectively.<\/p>\n<p>According to the Bank of Ghana results, all bids tendered in this week\u2019s auction were not accepted.<\/p>\n<p>The 91-day bill saw a total subscription of GH\u00a22.53 billion, GH\u00a21.11 billion was accepted from the 182-day bill and GH\u00a2481.75 million was accepted from the 364-day bills.<\/p>\n<p>The government has set its next auction target at GH\u00a23.984 billion.<\/p>\n<p>SSD\/NOQ<\/p>\n<p><strong>Source:\u00a0<\/strong>www.ghanaweb.com<\/p>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The government borrowed GH\u00a24.12 billion from treasury bills in its latest auction on December 8, 2023. The short-term instrument saw a marginal oversubscription of GH\u00a2208.46 million away from the government\u2019s target of GH\u00a23.919 billion in its latest auction on December 4, 2023. Interest rates on treasury bills have continued to increase but the government keeps [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":111331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-129901","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Government secures GH\u00a24.12 billion in latest treasury bill auction \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/12\/11\/government-secures-gh\u00a24-12-billion-in-latest-treasury-bill-auction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government secures GH\u00a24.12 billion in latest treasury bill auction \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The government borrowed GH\u00a24.12 billion from treasury bills in its latest auction on December 8, 2023. The short-term instrument saw a marginal oversubscription of GH\u00a2208.46 million away from the government\u2019s target of GH\u00a23.919 billion in its latest auction on December 4, 2023. 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