treasury yields

With liquidity constrained and the policy rate of the Bank of Ghana at 22%, yields on treasury bills are expected to go up in the coming weeks. According to Databank Research, upward pressure on yields persist due to tightened monetary policy directive. For instance, yields went up across the T-bills curve, with the 91-day at 27.72% (+38 basis points) and the 182-day yield at 29.29% (+56bps). “In light of the policy rate hike, we expect investors to focus on T-bills in the primary market for re-pricing benefits. We expect investors would concentrate on short-term bonds in the secondary market to…