T-bills: Government records marginal oversubscription; yields on 182-day and 364-day bills dip

The government saw a slight oversubscription in its treasury bills auction, raising GH¢3.60 billion, a 1.38% increase over the target.

The auction results from the Bank of Ghana showed strong investor interest in the 91-Day bill, which accounted for GH¢2.761 billion or 76.61% of the total.

The 182-Day bill received GH¢660.62 million, and the 364-Day bill received GH¢182.4 million, with all bids accepted.

Interest rates showed mixed results, with the 91-Day bill yield slightly rising to 24.86%, the 182-Day bill yield dipping to 26.80%, and the 364-Day bill yield decreasing to 27.78%.