Treasury bills continued to face weak demand as last fortnight’s primary auction recorded another shortfall in subscription. Data from the auction show investors tendered a total of GH¢3.5 billion across …
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Treasury Bills
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Economy and Finance
Analysts predict single digit inflation by Q3 amidst threat from utilities price hike
by Adnan Adamsby Adnan AdamsGhana’s inflation has taken a sharp nosedive in the past two months, falling from 21.2 % in April to 13.7 % in June, after recording 18.4 % in May. Based …
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Economy and FinanceNews
Govt snubs high treasury bill rate demands …despite heavy debt refinancing needs
by Adnan Adamsby Adnan AdamsThis means that government is openly calling the bluff of investors who are gradually pulling back from buying treasury bills that offer interest rates that are between 450 and 700 …
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Economy and FinanceTechnology
T-Bills, individual bondholders free from debt restructuring
by Adnan Adamsby Adnan AdamsLast week, government invited holders of domestic debt to voluntarily exchange approximately GHC137 billion of the domestic notes and bonds of the Republic, including E.S.L.A. and Daakye bonds, for a …
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The sales realized were about 39.70% more than its target of GH¢5.117 billion, largely used to refinance maturing debts.
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