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 recorded about 6.4% oversubscription of its treasury bills target of ¢2.63 billion but an increasing cost. According to figures from the Bank of Ghana, interest rates surged for the….
The total subscriptions from treasury bills in May 2023 was GH¢11.26 billion. This was higher than the GH¢8.25 billion that was borrowed in April 2023, representing a 36.57% increase. The….
The government overturned its recent under-subscription of treasury bills sales to record about 15% oversubscription of its targeted amount of ¢2.08 billion. However, that was primarily due to a reduction….
The government’s heavy borrowing on the treasury market triggered another marginal under-subscription of Treasury bills sales by about 7.21%, as interest rates continued to surge. This is the third week….
The government will borrow ¢3.33 billion from the treasury market on Friday May 12, 2023, to partly refinance maturities worth ¢2.31 billion. Joy Business understands that part of the ¢3.33….
