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The Government of Ghana fell short of its target in the treasury bill auction held on Friday, May 9, 2025. While bids totalling GH₵5.2 billion were accepted for the 91, 182, and 364-day bills, this was below the GH₵6.684 billion target.
According to the Bank of Ghana, the government accepted GH₵4.3 billion for the 91-day bill, GH₵700 million for the 182-day bill, and GH₵154.68 million for the 364-day bill. The GH₵5.2 billion total indicates a shortfall of GH₵1.4 billion compared to the intended target. Weighted average discount and interest rates varied across the different tenors.
Source: GNA
