T-bills: Government records another marginal oversubscription but interest rates surge

November 4, 2024 The government recorded another marginal oversubscription of treasury bills but at the expense of rising interest rates. According to auction results from the Bank of Ghana, the government...

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November 4, 2024 / Comments (0)

Government borrowed GH¢115.77bn in half-year 2024, but interest rates declined sharply

August 7, 2024 The government borrowed GH¢115.77 billion from the treasury market in the first-half of 2024, representing a 70.22% increase over the same period last year. During the first six months of...

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August 7, 2024 / Comments (0)

T-bills: Interest rates tumbled again; government records 17% oversubscription

May 8, 2024 Interest rates tumbled again as the government returned to oversubscription of treasury bills sale. According to the auction results by the Bank of Ghana, the yield on the 91-day bill eased...

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May 8, 2024 / Comments (0)

T-bills auction: Interest rates fall to 26.7%; government gets GH¢4.83bn

March 13, 2024 Interest rates fell for 10 consecutive weeks, as demand for treasury bills continued to remain high despite the upside risks. As predicted by many analysts, interest rates plummeted to...

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March 13, 2024 / Comments (0)

Monetary Policy Committee cuts policy rate to 29.0%

January 29, 2024 The Monetary Policy Committee of the Bank of Ghana (BoG) has cut its key lending rate to 29.0% from 30% in line with most analysts expectations. The Chairman of the committee, Dr. Ernest...

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January 29, 2024 / Comments (0)

T-bills auction: Interest rates ease again; government records 46.7% oversubscription

January 17, 2024 Interest rates eased again as treasury bills auction was oversubscribed by a whopping 46.7%. This follows another decline in headline inflation and an agreement between Ghana and its...

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January 17, 2024 / Comments (0)

T-bills auction: Interest rates up again; Government records marginal oversubscription

December 13, 2023 Interest rates continued their upward trend as the government sustained its heavy borrowing on the money market. Indeed, the government’s appetite for borrowing continues to push yields...

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December 13, 2023 / Comments (0)

T-bills auction: Interest rates fall for first time in 37 weeks: government records 29% oversubscription

November 13, 2023 Interest rates fell for the first time after 36 weeks, confirming some analysts’ assertion that yields on Treasury bills are expected to peak around 30% to 33.5%. According to auction...

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November 13, 2023 / Comments (0)

T-bills auction: Interest rates up for 36th week running; government records 33% oversubscription

November 6, 2023 Interest rates went up for the 36th week running as the increasing cost of borrowing will bite the government in the future. The yield on the 91-day T-bill went up to 29.96% from the...

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November 6, 2023 / Comments (0)

T-bills auction: Interest rates surge to 32.50%; government records marginal undersubscription

October 11, 2023 Interest rates continued to surge on the money market despite the government securing a marginal undersubscription of treasury bills auction. According to the auction results from the Bank...

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October 11, 2023 / Comments (0)