[ad_1] The government recorded 33% oversubscription of treasury bills, for the third week running This oversubscription is positive because the target was high, compared to a very reduced target in the previous week. However, interest rates on the 91-day and 364-day bills rose. The government got GH¢9.2 billion, as against a target of GH¢6.9 billion….
[ad_1] Interest rates eased again as treasury bills auction was oversubscribed by a whopping 46.7%. This follows another decline in headline inflation and an agreement between Ghana and its bilateral creditors on the restructuring of the bilateral external debt. The move signals an expected improved economic environment going forward. The yield on the 91-day bill…
[ad_1] Interest rates went up for the 35th week running as the yield on the 91-day Treasury bill almost reached 30%. According to the auction results by the Bank of Ghana, the government record 15.53% oversubscription to the tune of ¢2.58 billion. The rising interest rates would come as a huge cost to the government…
[ad_1] The government has recorded a 5.63% oversubscription of treasury bill sales but at surging interest rates. According to the auction result by the Bank of Ghana, the government got GH¢3.22 billion. The government accepted GH¢3.20 billion of the bids tendered by the investors, largely banks, about 99% of the subscription. However, interest rates…
