The Bank of Ghana has raised GH¢11.1 billion in its latest 14-day bill auction (Tender No. 843) held on January 7, 2026, highlighting robust and sustained investor appetite for short-term central bank instruments.
Official auction results released by the central bank show bids were tendered at rates between 14.08 and 14.42 percent per annum, with all accepted bids allotted within that band.
The auction cleared at a weighted average discount rate of 14.39 percent, translating into an effective annualised interest rate of 14.47 percent.
Analysts say the strong uptake reflects continued preference for short-dated securities, as investors position for attractive risk-free returns amid the central bank’s ongoing liquidity management efforts.
