ALL POSTS FILED UNDER: T-BILLS
Government to borrow GH¢12.7bn via T-bills in January 2024
Add a CommentThe government is seeking to borrow GH¢12.7 billion via treasury bills in January 2024, to finance maturing bills. This is 1.2% lower than that of December 2023. Already, the government has raised GH¢3.223 billion in the first auction of 2024, … Read more →
T-bills auction: Gov’t achieves 13.21% oversubscription; interest rates reach nearly 32%
Add a CommentGovernment exceeded its treasury bills target by over 13 percent to the tune of ¢2.94 billion, but interest rates continued to surge disturbingly. According to the latest auction by the Bank of Ghana, interest rates reached almost 32%. The target … Read more →
T-bills: Government borrowed ¢11.26bn in May 2023
Add a CommentThe government borrowed ¢11.26 billion through treasury bills in May 2023. This represents 36.57% increase over the previous month. The target for the month was estimated at ¢11.33 billion. According to the trading results, the uptake almost covered the matured … Read more →
T-bills auction: Gov’t to borrow ¢3.33bn this week
Add a CommentThe government will borrow ¢3.33 billion from the treasury market on Friday May 12, 2023, to partly refinance maturities worth ¢2.31 billion. Joy Business understands that part of the ¢3.33 billion will be used to settle coupon payments of the … Read more →
Gov’t borrowed GH¢14.16bn via T-bills in March 2023
Add a CommentThe government raised a total of ¢14.16 billion via Treasury bills in March 2023. This is out of total bids of ¢16.70 billion as investor demand remained robust. In a bid to reduce the debt burden, the yields dropped sharply, … Read more →
Interest rates hit 33%; government misses T-bills sale by 16%
Add a CommentInterest rates inched up to 33% to reflect surging inflation and the rapid depreciation of the cedi. The increase in interest rates is however lower than the current inflation of 37.2% and the rate of cedi depreciation which is more … Read more →
Banks’ investment in T-Bills drop by 21%
Add a CommentAt the end of Dec 2017 BANKS’ investment in Treasury Bills (T-Bills) reduced significantly to 57.1 percent at the end of December 2017 from 78.1 per cent the same period the previous year, the latest Banking Sector Report published by … Read more →
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