T-bills Auction: Interest Rates Hit 31.65%; Government Achieves 15% Oversubscription
Interest rates continued to surge on the money market, signaling an increasing cost of domestic debt. According to the latest
Read MoreInterest rates continued to surge on the money market, signaling an increasing cost of domestic debt. According to the latest
Read MoreThe government will borrow ¢3.06 billion across the 91-day to the 364-day treasury bills on Friday, September 1, 2023. The
Read MoreThe government borrowed ¢9.14 billion via treasury bills in July 2023. This is 29.11% lower compared to June 2023. The
Read MoreGovernment recorded a marginal oversubscription of treasury bills auction, as interest rates continued its upward trend on the money market.
Read MoreGovernment’s Treasury bills sale were marginally oversubscribed as interest rates hit 29.2%. According to the results from the Bank of
Read MoreGovernment recorded about 6.4% oversubscription of its treasury bills target of ¢2.63 billion but an increasing cost. According to figures
Read MoreThe total subscriptions from treasury bills in May 2023 was GH¢11.26 billion. This was higher than the GH¢8.25 billion that
Read MoreThe government overturned its recent under-subscription of treasury bills sales to record about 15% oversubscription of its targeted amount of
Read MoreThe government’s heavy borrowing on the treasury market triggered another marginal under-subscription of Treasury bills sales by about 7.21%, as
Read MoreThe government will borrow ¢3.33 billion from the treasury market on Friday May 12, 2023, to partly refinance maturities worth
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