Investment Times

The government plans to borrow GH¢78.441 billion from the money market in the third quarter of 2024. Out of this amount, GH¢53.807 billion will be allocated to rolling over short-term maturities, while the remaining GH¢24.633 billion in fresh issuance will address the government's financing needs. The borrowing will be conducted through the issuance of 91-day, 182-day, and 364-day treasury bills on a weekly basis. These will be issued via the primary auction, with settlements occurring one business day after the transaction date. A notice from the Bank of Ghana clarified that the gross borrowing amount is indicative and may be...