GH¢38.45 billion was borrowed by the Ghanaian government in January 2025 using treasury bills.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Government of Ghana borrowed GH¢38.45 billion via treasury bills in January 2025.

This is against the GH¢40.57 billion offered by investors.

The Treasury had targeted GH¢28.41 billion in bills against GH¢31.14bn in maturities.

Meanwhile, Interest rates are expected to go down further as the government rejects high-interest bids for treasury bills.

The government is seeking to borrow GH¢7.23 billion via T-bills this week, significantly below upcoming maturities of GH¢9.06 billion.

Databank Research said it expects continued bid rejections to support yield compression in the weeks ahead.

Source: newsthemegh.com