Search

Ghana Ramps Up Treasury Bill Auctions to Meet Upcoming Bond Payment

Allen dreyfus Logo
© Allen Dreyfus
  • Government intensifies T-bill issuance ahead of GH¢6.1 billion coupon payment
  • Heavy reliance on short-term borrowing raises concerns over long-term economic stability

By Emmanuel Bruce

Ghana’s government has significantly increased its treasury bill auctions in recent weeks to build up liquidity ahead of an impending GH¢6.1 billion ($393.95 million) coupon payment on restructured domestic bonds scheduled for August 21. This push has seen auction targets soar beyond the usual average of GH¢3.5 billion ($224 million) as officials strive to ensure the payment is met.

You need an active subscription to continue reading this article.

Recent Business

Breaking News
Senegal slashes oil revenue forecast by 60% through 2028
Read More »
solen-feyissa-gXoxL_CYTuE-unsplash
Ethiopia holds rate at 15% as inflation slows, fiscal outlook improves
Read More »
Allen dreyfus Logo
Elombi steps into Afreximbank leadership amid mounting regional debt pressure
Read More »

Recent Politics

Allen dreyfus Logo
Elombi steps into Afreximbank leadership amid mounting regional debt pressure
Read More »
edouard-tamba-oTrwlvPvpVo-unsplash
Northern defections rattle Biya’s rule ahead of Cameroon’s October election
Read More »
bernd-dittrich-yfQfmji31fY-unsplash
Afreximbank warns of trade risks and openings as global fault lines shift
Read More »

Latest Posts

Latest news insights