interest rate
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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)

High inflation, interest rates to weigh on growth, investor confidence in Ghana, others – EIU

August 30, 2023 The Economist Intelligence Unit (EIU) is warning Ghana and other African countries that the high inflation and interest rates could continue to weigh on growth and investor confidence over...

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August 30, 2023 / Comments (0)

Core inflation, rising interest rates remain key credit risks – Fitch

August 22, 2023 Inflation and interest rates remain the most significant watch item for global credit, Fitch Ratings has disclosed in its latest Risk Headquarters report. According to the rating agency,...

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August 22, 2023 / Comments (0)

Monetary policy rate increased by 0.5% points from 29.5% to 30%

July 24, 2023 The Monetary Policy Committee has increased the monetary policy rate by 0.5 percentage points from 29.5 per cent to 30 per cent. The increase was due elevated risks to inflation driven by...

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July 24, 2023 / Comments (0)

Ghana overtake Egypt with highest interest rates among 15 top African countries

July 12, 2023 Ghana overtook Egypt with the highest interest rates among 15 top African countries. According to the Weekly Fixed Income Update compiled by some investment firms, the rates of about 24.39%...

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July 12, 2023 / Comments (0)

Interest rates fall 15.1% since January 2023

May 9, 2023 Interest rates in Ghana have dropped by a significant 15.1%, the highest decline in Africa since January 2023. Yields on the money market were as high as 35% at the beginning of the year,...

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May 9, 2023 / Comments (0)

Interest rates likely to fall significantly – IMF

April 11, 2023 Interest rates in major economies are expected to fall to pre-pandemic levels because of low productivity and ageing populations, according to a forecast. The International Monetary...

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April 11, 2023 / Comments (0)

Interest rates on falling spree; government T-bills oversubscribed by 40%

March 21, 2023 Interest rates fell once again as government Treasury bills was oversubscribed by about 40.3% to the tune of ¢3.89 billion. According to the auctioning results by the Bank of Ghana, demand...

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March 21, 2023 / Comments (0)