Audio By Carbonatix
The government borrowed GH¢15.71 billion via treasury bills in May 2024, about 7% higher than April 2024.
In April 2024, the government received GH¢15.60 billion from the short-term securities.
The fresh borrowings were estimated at GH¢966.48 million.
The yields, however, remained on the downward drift.
The 91-day and 182-day declined by 45 basis points and 70 basis points to 25.10% and 26.95% respectively.
On the other hand, the 364-day yield eased by 30 basis in May to close at 27.95%.
Analysts expect yields to maintain the downward trend on a positive inflation outlook.
However, they believe the decline may be slower than expected due to higher targets and the delay in policy rate cut.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
AFCON 2025: Senegal beat Morocco to win second title
2 hours -
Sports journalist Alex Kobina Stonne elected UniMAC External Affairs Commissioner
2 hours -
NDC’s economic gains ‘cosmetic’; real impact yet to be felt – Bryan Acheampong
2 hours -
WEF warns geoeconomic confrontation now world’s biggest threat
3 hours -
Top 10 safest countries in Africa for travellers in 2026: Ghana places 7th
4 hours -
Inflation to remain within lower bound of medium-term target of 8 ± 2% – BoG
4 hours -
Bright Simons: Ghana’s budget should follow gold, not oil
4 hours -
Stress test on restructured government bonds: Banks appear resilient to shocks – BoG
4 hours -
T-bills auction: Investor interest continued to surge, but interest rates soar
4 hours -
2025/26 Ghana League: Holy Stars edge Bechem United to secure vital home victory
6 hours -
Gun amnesty programme extended by two weeks
6 hours -
Tano North farmers threaten demonstration against Newmont ‘unfair compensation’
6 hours -
GPL 2025/26: Richmond Opoku brace sees Young Apostles draw with Hohoe United
6 hours -
Over 75% of NPP Parliamentary candidates outpolled Bawumia in 2024 – Bryan Acheampong
6 hours -
Kyebi Zongo to become a model for excellence, environmental stewardship – Chief of Kyebi Zongo
7 hours