• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

T-Bill Rates Drop by 21.1% in First 50 Days of Mahama Administration – Finance Minister Says

7 months ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
2
589
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

T-Bill Rates Drop by 21.1% in First 50 Days of Mahama Administration – Finance Minister Says 

Finance Minister Dr. Cassiel Ato Forson has announced a significant reduction in Treasury Bill (T-Bill) rates, stating that interest rates on short-term government securities have dropped by a cumulative 21.1% within the first 50 days of President John Mahama’s administration.

In a post on X (formerly Twitter), Dr. Forson highlighted the downward trend across all tenors, attributing it to prudent public debt management measures implemented by the government.

“The 91-day T-Bill rate has declined from 28.34% to 20.79%, marking a 760-basis-point (7.6%) drop, while the 182-day T-Bill rate has fallen from 28.96% to 22.98%, reflecting a 600-basis-point (6%) reduction. Additionally, the 364-day T-Bill rate has dropped from 30.17% to 22.69%, representing a 750-basis-point (7.5%) cut,” he stated.

According to Dr. Forson, the decline in T-Bill rates signals growing investor confidence in the Ghanaian economy.

The reduction in Treasury Bill rates is expected to ease borrowing costs for the government while potentially leading to lower interest rates on loans in the broader economy.

Financial analysts suggest that the downward trend in T-Bill rates may be linked to improved investor sentiment, fiscal consolidation efforts, and better liquidity conditions in the financial market.

RelatedPosts

AGI Reports Improved Dollar Supply, Applauds Recent BoG FX Measures 

ECG Cancels Over 200 Contracts in Procurement Clean-Up

Harry Kane Makes History: Fastest to Reach 100 Goals for Bayern Munich

The development is seen as a boost for the government’s efforts to manage public debt and stabilize the economy.

Tags: Mahama AdministrationT-Bill RatesT-Bill Rates Drop by 21.1% in First 50 Days of Mahama Administration – Finance Minister Says

Comments 2

  1. M Harry Yamson says:
    7 months ago

    We cannot add reductions of 7.6%, 6% and 7.5% of three different tenors and claim a cumulative drop of 21.1%. That is wrong in economics, finance and mathematics.

    It is true to say consistent and comprehensive reductions have been recorded across all tenors.

    Reply
  2. F K Y Addo says:
    7 months ago

    Isn’t the finance Minister intending to report that the T-BILL rate has dropped to 21.1%.?
    If my memory serves me right, it was around 24 % in December 2024 for the 91day bill. The ordinary buyer cannot be happy about this.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Manchester United Unveils Plans for Canopy-Free Old Trafford Upgrade

Premier League: Hearts of Oak Edge Eleven Wonders to go top

Why Women Must Be Involved In Building Flood Resilience

African Development Bank Group and Michael Bloomberg to Drive Private Investment into Africa

Bitcoin Drops to $109K as Crypto Market Loses $200 Billion

AI in Africa: 5 Issues That Must be Tackled for Digital Equality

Trending

Features

AGI Reports Improved Dollar Supply, Applauds Recent BoG FX Measures 

September 27, 2025

AGI Reports Improved Dollar Supply, Applauds Recent BoG FX Measures  The Association of Ghana Industries (AGI) has...

ECG Cancels Over 200 Contracts in Procurement Clean-Up

September 27, 2025

Harry Kane Makes History: Fastest to Reach 100 Goals for Bayern Munich

September 27, 2025

Manchester United Unveils Plans for Canopy-Free Old Trafford Upgrade

September 27, 2025

Premier League: Hearts of Oak Edge Eleven Wonders to go top

September 27, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.