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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
The Government of Ghana will borrow GH¢6.14 billion on the treasury market on Friday, March 21, 2025.
This will be done through the issuance of the 91-day, 182-day, and 364-day bills to cover GH¢5.90 billion in maturing bills.
However, this will be lower than GH¢8.77 billion raised on Monday March 17, 2025. Analysts expect yields to remain on a downward path but a slowdown in compression to the 100–200 basis points range.
This suggests a new yield equilibrium is approaching as supply and demand stabilise. The consistent decline in bids also reaffirms analysts’ view of a gradual yield floor forming.
Source: newsthemegh.com