Audio By Carbonatix
Interest rates on Government of Ghana Treasury bills increased marginally across all maturities in the latest auction conducted by the Bank of Ghana.
The 91-day Treasury bill rose to 5.87 per cent from 5.73 per cent in Auction 2013, while the 182-day bill increased to 7.79 per cent from 7.69 per cent.
The 364-day bill climbed to 12.93 per cent from 12.82 per cent, remaining the highest-yielding security among the three instruments.
The Bank of Ghana, in the auction results, said the increases were recorded in Auction 2014 compared with the previous auction.
It said bids worth billions of cedis were submitted for the three Treasury bill instruments, indicating strong investor participation.
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
-
World Vision Ghana, Ahafo districts sign MoU for universal WASH coverage
1 minute -
When the gold engine stutters: What Ghana’s Cedi and reserves are telling us about the new economic architecture
19 minutes -
Two reportedly die after being trapped in mining pit at Juaboso
29 minutes -
Petrosol cleans up Wa Municipal Hospital, to donate medical equipment
30 minutes -
KiDi brings the hits to London in sold-out UK headline concert
58 minutes -
The last goodbye of Ghanaian shot dead in the US
1 hour -
MCC opens door to Ghana again as MiDA revives development partnership
1 hour -
CSIR moves to turn scientific research into jobs, national growth
2 hours -
More patrons troop in as 3rd Republic Bank-JoyNews Habitat Fair clinic enters final day stretch
2 hours -
German, Russian foreign ministers hold rare talks amid rising tensions
2 hours -
Gov’t to develop policy for Ghanaian Sign Language in education
2 hours -
Accra Academy defend ODADEƐ ’90 5-a-side title
2 hours -
Ghana risks EU gas market access over methane emissions – Expert warns
3 hours -
Salt Pond’s $200m warning: Why Ghana cannot afford to exclude Fisheries Commission from future decommissioning
3 hours -
Venezuela frees 39 political prisoners after post-Maduro talks
3 hours