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32.5% surge in interest rates as bill oversubscription rise to GHS500m

In its latest treasury bill auction held on September 22, 2023, the government successfully raised GH¢3.09 billion. The results revealed a strong demand for the...

Business

Treasury yields rising as govt’s overdependence continues

The Treasury continues to face elevated short-term yields primarily due to the government's heavy reliance on T-bills, compounded by persistently high inflation and the...

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...

Business

Rising Treasury bill rates a concern to banks – Ghana Association Banks

Commercial banks have raised concerns over the increasing Treasury bill rates and how they might affect the cost of credit and loan repayment, especially...

Business

T-bill oversubscription may be a sign of heightened market confidence – Analyst

A financial analyst, Courage Boti, has explained that the increasing subscriptions being witnessed on the primary markets and secondary markets may just be an...

Business

Interest rates hit 30.30% as government records marginal oversubscription

Government has witnessed a slight oversubscription of the treasury bills auction, while interest rates continued their upward trend in the money market. According to the...

Business

T-bills auction: Government achieves 19.5% of target at higher cost

A latest report from the Bank of Ghana, says the government successfully attained approximately 19.5% of its target for the sale of Treasury bills. Despite...

Business

Ghana’s interest rates highest among top 15 African countries – Report

Among some top 15 African nations, Ghana is said to have the highest interest rates, surpassing that of Egypt. The rates for the 91-day and...

Business

Treasury exceeds financing target in first half of 2023

In the first half of 2023 (H1 2023), the Treasury issued new short-term debt for GHC 13.64 billion successfully while using GHC 30.55 billion...

Business

Treasury bill: Government will borrow an enormous GHS3.79b this week

The sale of treasury bills this week is expected to earn an ambitious goal of GH3.79 billion for the government of Ghana. The auction which...

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Sad story of the ‘boy’ who was jailed because of two bags of corn

Asamoah Gyan spotted mentoring budding footballers in USA

I planned a coup against Acheampong but I was betrayed and arrested – Dr Nyaho-Nyaho