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)

Bond market: Total market turnover declines 48.5% to ¢133.96m

July 11, 2023 Total market turnover on the secondary bond market declined 48.52% week-on-week to ¢133.96 million last week. This was primarily driven by a 45.00% week-on-week downturn in trades across...

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July 11, 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)

Era of low interests beckons …As T-bill rates crash

March 14, 2023 Treasury bill (T-bill) rates crashed to an eight-year low last Friday, renewing the hope of businesses that the era of low cost credit for expansion was nearer than initially expected....

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March 14, 2023 / Comments (0)

Government to raise ¢1.28bn in T-bills  to refinance maturities worth ¢1.07bn

January 25, 2023 The government will raise ¢1.28 billion to refinance Treasury bill maturities worth ¢1.07 billion in the upcoming T-bill auction on Friday January 28, 2022. This is coming after the...

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January 25, 2023 / Comments (0)

Interest rates remain unchanged as government T-bills oversubscribed by 52%

January 18, 2023 Interest rates remained stable despite the government achieving more than 52% oversubscription of Treasury bills sale. According to the latest auction results, government obtained ¢1.72...

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January 18, 2023 / Comments (0)

Government faces ¢2.83bn 5-year bond refinancing with 26% foreign holdings

November 22, 2022 The government is faced with refinancing a ¢2.83 billion 5-year bond, maturing on November 28, 2022 with 26% of foreign holdings. With the unfavourable pricing conditions, analysts expect...

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November 22, 2022 / Comments (0)

Government to raise ¢1.17bn in this week’s Treasury bill sale

November 18, 2022 Government will seek to raise ¢1.17 billion in this week’s Treasury bill auction to refinance the upcoming T-bill maturities of ¢1.08 billion. In the T-bill auction last week, the...

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November 18, 2022 / Comments (0)