By Jibril Abdul Mumuni
Accra, May 26, GNA – The Government of Ghana fell short of its Treasury Bill auction target on May 23, 2025, raising GH₵2.68 billion against a GH₵5.55 billion goal, according to Bank of Ghana results.
This represents 48.29 per cent of the target, indicating significant undersubscription across all tenors.
For the 91-day bill, the government accepted GH₵2 billion instead of the GH₵4 billion target.
The 182-day bill secured GH₵243.6 million, well below the GH₵692.87 million goal, while the 364-day bill raised GH₵435 million, falling short of its GH₵800 million target.
The GH₵2.87 billion shortfall raises concerns over investor confidence and the competitiveness of government interest rates.
The next Treasury Bill tender, covering 91, 182, and 364-day bills, is set at GH₵3.89 billion.
GNA
Edited by Kenneth Sackey