T-bills Auction: Government To Raise ¢3.21Bn This Week
The government will raise about ¢3.21 billion in Treasury bills this Friday, March 24, 2023. This will be done via the 91-day, 182-day and 364-day bills. The amount raised will….
Tag: T-Bills
Interest Rates On Falling Spree; Government T-bills Oversubscribed By 40%
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,….
T-bills Auction: Government To Raise ¢2.78bn This Week
The government will raise ¢2.78 billion via Treasury bills this week on the Treasury market. This is coming after weeks of oversubscription of Treasury bills at reduced prices. The funds….
Government Borrowed ¢70.95Bn Via T-bills In 2022
Government raised a total of ¢70.95 billion in the money market auctions for 2022. This is out of total bids worth ¢72.83bn. However, the amount government expect to raise in….
Force T-bills Rates Down – Finance Expert To Government
Finance expert and Director of Operations at Dalex Finance, Joe Jackson, wants government to force Treasury bills rates further down to about 15% to reduce its interest costs, and consequently….
T-bills Auction: Interest Rates Fall To 19%; Government Gets ¢4.20Bn
Interest rates remarkably fell significantly within just a week, following the government’s decision to reject bids with higher yields. According to the latest auction by the Bank of Ghana, the….
Government Saves ¢220m From Significant Fall In Interest On T-Bills
The Ghana Government saved ¢220 million from the significant fall in Treasury bills yields. According to the Executive Director of Dalex Finance, Joe Jackson, the interest rates on the Treasury….
T-bills Auction: Government Gets ¢6.15bn At 24% Interest
The government beat the cost of its Treasury bills down significantly, securing ¢6.15 billion from the latest auction, about 121.6% oversubscription. It however accepted ¢4.52 billion of the bids from….
T-Bills: Government Interest Cost For Last 3 Months Hits ¢4.416bn
Interest cost on Government of Ghana Treasury bills for the last three months (December 2022, January 2023 and February 2023) is estimated at ¢4.416 billion. The government bought a total….
T-bills a=Auction: Government Gets ¢5.06bn; Sale Oversubscribed By 75%
Government Treasury bills sale were oversubscribed by 75% to the tune of ¢5.06 billion. According to the auction result published by the Bank of Ghana, participation of the 91-day T-bill….