interest rate
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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)

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)