The government is preparing to raise GH¢4.968 billion in its upcoming treasury bills auction, which will involve 91-day, 182-day, and 365-day bills.

In the latest auction, conducted on August 9, 2024, and settled on August 12, 2024, the government secured GH¢5.30 billion, falling short of its target of GH¢6.558 billion.

The breakdown included GH¢4.101 billion for the 91-day bill, GH¢967.19 million for the 182-day bill, and GH¢231.14 million for the 365-day bill.

Last week, GH¢3.803 billion in treasury bills were sold, with interest rates at 24.82% for the 91-day bill, 26.76% for the 182-day bill, and 27.85% for the 365-day bill.

The Bank of Ghana reported that all bids submitted for this week’s auction were accepted.