Government is seeking to raise some Ghs 948 million this week with the auction of its 91-day and 182-day treasury bills.
In addition to the 91-day and 182-day treasury bills to be auctioned this week, government has announced a new issuance of a 3 year cedi denominated bond.
The new 3 year cedi denominated bond is opened to both resident and non-resident investors with bids to be accepted within the initial price guideline of 19 per cent to 19.25 per cent.
Meanwhile, the Monday trading session of the Ghana Secondary Market committed a total market turnover of Ghs 244 million out of the 2027 bonds.
The May 2028 10-year-bond with an indicative yield of 20.29 per cent and the July 2021 5-year-bond with an indicative yield of 17.48 per cent dominated the trading session.
The bond market index closed lower on Monday’s trading session reducing the year-to-date (YTD) gains to 0.79 per cent.
