The government plans to raise about GH¢7.5 billion from the domestic money market this week as it seeks to meet short-term financing requirements, marking a sharp expansion in its near-term borrowing programme.
A notice issued by the Bank of Ghana on behalf of the government (No. BG/FMD/2025/76) shows that a total of GH¢7.56 billion will be offered through the issuance of 91-day, 182-day, and 364-day Treasury bills under Tender 1989.
The target represents an increase of nearly 90 per cent from the GH¢3.99 billion set for the previous auction on January 2, reflecting elevated funding needs.
The planned auction comes on the back of last week’s sale, in which the government raised GH¢4.3 billion, supported by strong investor demand for Treasury securities amid relatively attractive yields.
At that auction, the 91-day bill recorded an average interest rate of 11.12 per cent, while the 182-day and 364-day bills were issued at 12.55 per cent and 12.33 per cent per annum, respectively.
The primary auction will be conducted on a wholesale basis and is restricted to Primary Dealer banks. Retail and institutional investors, however, can purchase the securities on the secondary Ghana Fixed Income Market through licensed market participants.
