Government to borrow GHS4.363bn in next T-Bills sale

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“Government Schedules Treasury Bill Auction for GH¢4.363 Billion on August 2, 2024, with Issuance on August 6, 2024. Stay informed about the upcoming auction and its potential impact on the economy.”

In the latest auction, the government raised GH¢4.062 billion, falling short of the GH¢4.779 billion target.

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The auction, conducted on July 24 and issued on July 15, 2024, secured GH¢2.404 billion for the 91-day bill. Additionally, GH¢1.117 billion was accepted for the 182-day bill, and GH¢477.58 million for the 365-day bill.

This financial maneuver is part of the government’s ongoing efforts to manage its short-term borrowing needs and stabilize the country’s financial markets.

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