Government Surpasses Treasury Bill Auction Target, Raising GH¢12.78 Billion

On January 23, 2026, the Government of Ghana successfully raised GH¢12.78 billion in its treasury bill auction for Tender 1991, exceeding its initial target of GH¢9.82 billion by approximately 30%. The auction attracted total bids of GH¢15.91 billion across three categories of treasury bills: 91-day, 182-day, and 364-day. The accepted bids included GH¢3.44 billion for the 91-day bills, GH¢4.26 billion for the 182-day bills, and GH¢5.07 billion for the 364-day bills. The weighted average interest rates for these bills were recorded at 11.1%, 12.6%, and 13.0%, respectively. Looking ahead, the government has set a target of GH¢6.99 billion for the upcoming Tender 1992.