Tag Archives: Treasury Bills

Private legal practitioner, Jonathan Amable has filed an injunction application at the Supreme Court seeking an immediate halt to government’s borrowing on the treasury bills market. The plaintiff in the writ as sighted by Citi Business News is demanding that the government and all its agents be stopped from issuing …

Interest rates inched up to 33% to reflect surging inflation and the rapid depreciation of the cedi.   The increase in interest rates is however lower than the current inflation of 37.2% and the rate of cedi depreciation which is more than 50%. This means the real rate of return …

Government secured ¢1.86 billion from the sale of the 7-year bond yesterday, which replaced the maturing 5-year bond. The long term bond was marginally oversubscribed by 3.3% At the same time, the interest cost of the debt instrument went down by 6.4% to 18.10%, saving government some significant interest payment. …