The government intends to repay maturing loans and cover its public sector funding needs by borrowing GH¢75.7 billion from the domestic market between October and December 2025.
The Bank of Ghana’s most recent issuance calendar indicates that around GH¢67.5 billion of the total will be used for rollover maturities, with the remaining GH¢8.2 billion being fresh issuance to support fiscal operations and government spending for the fourth quarter.
The Central Bank states that, contingent on market conditions, the borrowing will be carried out by the normal issue of 91-day, 182-day, and 364-day Treasury bills in addition to potential reopenings of current bonds under the Domestic Debt Exchange Program.
The action is in line with the government’s overarching debt management plan, which aims to prolong debt maturity profiles, improve transparency in public borrowing, and expand the domestic capital market.
Source: newsthemegh.com