The government failed to meet its treasury bill target, just a week after it recorded a 17% oversubscription. According to the auction results by the Bank of Ghana, demand for the short-term instruments remains subdued due to the low yields. The government got GH¢3.537 billion from the sale of theContinue Reading
The Institute of Public Policy and Accountability (IPPA) has urged the Finance Minister, Dr. Cassiel Ato Forson not to celebrate over the recent sharp fall in treasury bills, saying the decline in the interest rates is artificial. In a statement, it said the lower treasury bill yields would have aContinue Reading
Interest rates are expected to remain elevated due to increasing demand for liquidity in the short-term market. The yield on the treasury bills hit the 30% mark last Friday, December 27, 2024. The rise in yields and bids for T-bills reflects investors’ strong desire to lock in at a higherContinue Reading