Interest rates returned to upward trajectory for the first time in a month, as the government continued to borrow heavily on the money market to finance its expenditure. According to….
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….
Interest rates climbed again on the money market indicating the rising cost of government’s domestic debt. According to auction results by the Bank of Ghana, the yield on the 364-day….
Government 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….
Interest rates continued to surge on the money market, signaling an increasing cost of domestic debt. According to the latest results by the Bank of Ghana, interest rates went up….
The government will borrow ¢3.06 billion across the 91-day to the 364-day treasury bills on Friday, September 1, 2023. The proceeds will be used to roll over maturing bills worth….
The government borrowed ¢9.14 billion via treasury bills in July 2023. This is 29.11% lower compared to June 2023. The overall auctions churned bid/cover, target coverage and maturity coverage ratios….
Government recorded a marginal oversubscription of treasury bills auction, as interest rates continued its upward trend on the money market. According to the auction result by the Bank of Ghana,….
Government’s Treasury bills sale were marginally oversubscribed as interest rates hit 29.2%. According to the results from the Bank of Ghana, the government received bids worth ¢2.29 billion, about 4.04%….
Government borrowing on the money market continued to shoot up significantly, as it accepted 99.9% of the bids tendered by the investors for the just-ended Treasury bills auction. The sale….
