Investors bid GHS5.01 billion for Government of Ghana Treasury bills at Tender 2032 on Friday 6 November 2026, 41.5% more than the GHS3.54 billion target, according to Bank of Ghana auction results.
The government accepted GHS4.11 billion, GHS563.96 million above target.
Demand nearly doubled from the previous week. At Tender 2031 on 30 October, bids totalled GHS2.55 billion and GHS1.92 billion was sold, the Bank of Ghana notice shows.
The 91-day bill drew most of the money: GHS3.00 billion was tendered and GHS2.93 billion accepted, 71.3% of everything sold at the auction. For the 182-day bill, GHS1.62 billion was tendered and GHS934.50 million accepted. The 364-day bill attracted GHS388.45 million, of which GHS243.15 million was accepted.
Yields fell on all three bills. The weighted average interest rate on the 91-day bill eased to 4.5624% from 4.6013% the week before, a drop of about 4 basis points.
The 182-day rate fell about 6 basis points to 6.2020% from 6.2629%, and the 364-day rate fell about 12 basis points to 9.4846% from 9.6039%. The new rates apply to bills issued in the week of 9 to 13 November; the previous week's rates are from the Bank of Ghana's Treasury bill rates page.
The government has set a larger target of GHS5.57 billion for Tender 2033 this week.
Citi Newsroom first reported the results. Its figure of a 7 basis-point fall in the 182-day yield differs slightly from the roughly 6 basis points shown by the Bank of Ghana's published rates; StatsGH uses the Bank of Ghana figures.
Sources: Bank of Ghana, Notice BG/FMD/2026/54 (Tender 2032); Bank of Ghana Treasury bill rates; Citi Newsroom.