Government Plans to Raise GH¢7.5 Billion from Domestic Market

Frank A Jackson
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The government is set to raise around GH¢7.5 billion from the domestic market next week to meet short-term financing needs.

This follows a Bank of Ghana notice (No. BG/FMD/2025/76), issued on behalf of the government, which set a target of GH¢7.56 billion for the sale of 91-day, 182-day, and 364-day Treasury Bills under Tender 1989.

The target represents a nearly 90% increase from the GH¢3.99 billion offered at the previous auction on January 2, reflecting a significant rise in immediate borrowing requirements.

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At last week’s auction, the government raised GH¢4.3 billion, with continued investor interest in securities offering relatively high yields. The 91-day, 182-day, and 364-day bills were issued at average annual interest rates of 11.12%, 12.55%, and 12.33%, respectively.

The auction is conducted on a wholesale basis, limited to Primary Dealer banks. However, members of the public and institutional investors can access the securities on the secondary Ghana Fixed Income Market through licensed intermediaries.

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