Tag: Treasury bills
Business
Interest rates remains unchanged despite 19.47% oversubscription in treasury bills
Government witnessed a 19.4% oversubscription in its treasury bills auction, indicating a renewed demand for short-term instruments.As per the Bank of Ghana’s auction outcomes,...
Business
Govt borrows GHC7bn from Ghanaians to pay contractors
The Minority in Parliament has expressed concerns about the government's recent borrowing of GH¢7 billion from the treasury bills market to compensate contractors outside...
Business
Today in History: Traders express preference for treasury bills over importing goods
In April 2022, President of the Automobile Dealers Association of Ghana, Eric Kwaku Boateng, stated that many traders had opted to invest in treasury...
Business
Gov’t borrowed GHC19.90 billion through treasury bills in March 2024
The government in March 2024 borrowed GH¢19.90 billion through treasury bills, marking a 17% decrease from February's borrowing.A portion of these funds, GH¢14.47 billion,...
Business
T-bill auction records 121.4% oversubscription while interest rates decline
Government experiences 121.4% oversubscription of Treasury Bills valued at GH¢5.606 billion.The surge in demand for Treasury bills followed the receipt of the second tranche...
Business
Treasury bills see oversubscription by GH¢380 million, interest rates are still high
In the auction held on January 5, 2023, the government successfully raised GH¢3.218.94 billion, exceeding the target of GH¢2.837 billion for the week.This...
Business
Government oversubscription of 3.38% leads to minor decline in T-Bills interest rates
Interest rates at the recent Treasury bills auction experienced a slight decline as the government witnessed a marginal oversubscription of Treasury bills.The latest data...
Business
Govt fully gets GHS4.12b in recent treasury bill auction
In the most recent auction held on December 8, 2023, the government successfully borrowed GH¢4.12 billion from treasury bills.Despite a marginal oversubscription of...
Business
Increased demand for T-bills contributes to growing debt
The domestic segment of the public debt increased by an additional GH¢1.64 billion in September 2023, primarily driven by sustained demand for Treasury...
Business
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...
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