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Finance

T-bills auction: Government gets ¢5.06bn; sale oversubscribed by 75%

Source: Joy Business  
  27 February 2023 7:33am


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Related to this story

  • BoG saves $2bn as a result of external debt suspension programme  

  • BoG purchases gold worth $700m in reserves as part of ‘Gold Purchasing Programme’

  • Real sector indicators showed sustained economic turnaround – BoG

  • Banks record 41% growth in profit to ¢5.7bn

  • Ghana’s external position continues to improve – BoG

  • Total Mobile Money transactions hit ¢1.190trn in eight months of 2023 – BoG

  • Average lending rate remains within 31% bracket

  • T-bills auction: Government achieves 25% oversubscription; interest rates up for 5th month running

  • Ghana’s gross reserves stood at 1.0 month of import cover in August 2023; trade surplus hits $2.016bn – BoG  

  • Cedi remains relatively stable since February 2023; Y-T-D depreciation to dollar stands at 22.5%




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