Audio By Carbonatix
The Government has borrowed an amount of GHȼ59.68 billion from the domestic money market since assuming office this year.
The GHȼ59.68 billion has been borrowed in seven weeks from the domestic money market through the issue of 91-day, 182-day and 365-day Treasury Bills.
The new Mahama-led government's borrowing from the domestic short term market in 2025, also known as Treasury Bill Auctions, started right at the beginning of the year, upon the government’s assumption of office, and has spanned a period of seven weeks in succession.
According to Bank of Ghana data, the government first went into the domestic market on January 10, 2025, three days after assuming office and borrowed GHȼ8.07 billion, followed by another round of borrowing on January 17, 2025, which amounted to GHȼ8.83 billion.
On January 24, the government again borrowed GHȼ8.16 billion and another GHȼ7.99 billion on January 31.
In February, the government has been to the T-bill market three times on February 7, 14 and 21 to borrow GHȼ7.60 billion, GHȼ9.43 billion and GHȼ9.6 billion respectively.
The table below shows a breakdown of the government's borrowing from the Domestic Bond Market in 2025 (Treasury Bill Auctions) between January 10th - February 21 2025:
| Date | Amount |
| Jan 10 | 8.07 bn |
| Jan 17 | 8.83 bn |
| Jan 24 | 8.16 bn |
| Jan 31 | 7.99 bn |
| Feb 7 | 7.60 bn |
| Feb 14 | 9.43 bn |
| Feb 21 | 9.6. bn |
| Total | GHȼ59.68 bn |
Latest Stories
-
Strong favourites or tougher task – will Arsenal defend their title?
22 minutes -
Passengers escape death as VIP travelling from Kumasi to Sunyani catches fire
25 minutes -
Ariana Grande leaves problems at home as her tour hits the UK
39 minutes -
Multiple suspects at large after five shot at Virginia State University, police say
39 minutes -
Three killed as Russia launches fresh aerial attacks across Ukraine
51 minutes -
Boxing: John Laryea disqualified in WBA Featherweight title eliminator
1 hour -
Hawaii battles strong winds and rain as Hurricane Lala threat looms
1 hour -
Twelve killed as Polish bus veers off Hungarian motorway
2 hours -
Building Ghana better: Why architects must be at the heart of national development
5 hours -
GMet warns of severe rainstorm across northern Ghana
5 hours -
Semenyo eyes bigger targets after breaking Yeboah’s Ghanaian Premier League record
6 hours -
Health Ministry reviews NDC manifesto commitments
6 hours -
Mfantsipim School @ 150 and Creech’s Mfantsipim Diaries: My First Shock
7 hours -
Labour backs proposed IPEC but demands full involvement in pay reforms
8 hours -
Ashaiman, parts of Accra to face a 15-hour power outage today
8 hours