Tag Archives: Treasury Bills

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. …