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Demand for T-bills plummets interest rates to 17%

Surging investor appetite for treasury bills has driven interest rates to new lows, with the 91-day bill dropping sharply to 17.71%, according to the...

Business

Interest rates rise despite slight oversubscription

The latest treasury auction recorded a marginal oversubscription, marking the first time in three weeks the government met its target. This follows the IMF's staff-level...

Business

Ghana Chamber of Commerce and Industry bemoans high interest rates

The Chief Executive Officer of the Ghana Chamber of Commerce and Industry (GNCCI), Mark Badu-Aboagye, has expressed concern over the high interest rates in...

News

BoG makes no profit from high interest rates – Governor to Togbe Afede

Bank of Ghana (BoG) has denied allegations of profiting from elevated interest rates. In a statement released on its official X account, formerly Twitter, the...

Business

Gov’t fails to secure GHC3.372 billion treasury bill target, interest rate drop

Interest rates saw a decrease across the yield curve in the recent treasury bill auction, signaling a shift in investor sentiment.The government experienced a...

News

Interest rates fall, gov’t exceeds T-bills target by 41%

Interest rates continued their downward trend for the 12th consecutive week in 2024, aligning with analysts' forecasts and the disinflation process. Results from the...

News

T-bills auction sees a 26.7% drop in interest rates as govt secures GHS4.83Bbn

Interest rates have seen a consistent decline over the past ten weeks, with demand for treasury bills remaining robust despite potential risks. As anticipated by...

News

Ghana holds top spot for highest interest rates in Africa – Latest report

Ghana has maintained the top position for the highest interest rates in Africa over the last two years. Despite a decline in rates after...

News

Interest rates for treasury bills surge to 32.8%

Despite concerns about the potential costliness of government maturities, interest rates on treasury bills continue to rise, persisting throughout most of the year. Although...

Business

Interest rates at 31%, Treasury bills oversubscribed by GHS343m

In the most recent treasury bill auction held on September 8, 2023, the government exceeded its set target. The government was able to raise GH¢2.94...

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Jury acquits Diddy of sex trafficking, convicts him of transporting women for prostitution

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Kanye West’s Heil Hitler song bans him from entering Australia