Gov’t raises GHS 1,083m on domestic debt market
Government, on the fixed income market raised a total of GHS 1,083 million from the issuance of the 91 and 182 days treasury bills at increased yields of 26.71% and 28.06% respectively.
Compared to the previous week, yields reflected increments of 0.38% and 0.20% for the 91 and 182 days treasury bills.
Indicating that, yields for the 91 and 182 days treasury bills were previously 26.34% and 28.06% respectively.
GOG Treasuries | Current | Previous | Change |
91-Day T-Bills | 26.71% | 26.34% | 0.38% |
182-Day T-Bills | 28.26% | 28.06% | 0.20% |
Bids tendered in for the 91 and 182 day bills amounted to GHS 824 million and GHS 259 million with government accepting all bids tendered in.
BREAKDOWN OF TOTAL AMOUNT RAISED THIS WEEK | ||
Treasuries | Bids Tendered (GH¢ MN) | Bids Accepted (GH¢ MN) |
91-Day T-Bill | 824.17 | 824.17 |
182-Day T-Bill | 259.38 | 259.38 |
TOTAL | 1,083.55 | 1,083.55 |
The target for the next auction (Tender #1810) is GHS 1,153.00 million in the 91-day bills,182 day bills and 364 day bills.
Read report below:
Fixed Income Market Report_01.08.2022 by Fuaad Dodoo on Scribd