Search

Ghana treasury bills attract strong demand as investors back recovery drive

Busy street of Accra, Ghana. Photo by Jozua Douglas @ Pixabay
Busy street of Accra, Ghana. Photo by Jozua Douglas @ Pixabay
  • Treasury raises $140mn above target on strong investor demand
  • Oversubscription signals renewed confidence in Ghana’s macro outlook

 

ACCRA, GHANA – Ghana’s Treasury bill market remained firmly oversubscribed, with the government raising about GH¢1.5 billion ($140mn) above target at its latest short-term debt auction, signalling sustained investor confidence.

Data from the Bank of Ghana showed that total bids across the 91-day, 182-day and 364-day Treasury bills significantly exceeded the government’s financing target, allowing the Treasury to meet its needs comfortably while accepting most offers received.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

China trades with Africa . Photo by Wolfgang Weiser @ Unsplash
Is China pushing Ethiopia from borrowing to selling?
Read More »
Fishing boats in Essaouira Harbor, Morocco. Photo by Hamza Laafou @Pexels
Can Tangier rescue Morocco from Casablanca’s port congestion?
Read More »
Prime Minister Abiy Ahmed inaugurated the dam. Photo by Office of the Prime Minister - Ethiopia
Has Ethiopia won the Nile argument? Washington returns
Read More »

Latest Posts

Latest news insights