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Find all the economic and financial information on our Orishas Direct application to download on Play StoreInvestor interest in Treasury bonds has skyrocketed. This allowed the government of Ghana to obtain 1.83 billion cents on the financial market.
The Bank of Ghana's latest auction indicates that the treasury bill auction was oversubscribed for the 11th consecutive week by 56%, largely due to High returns: Indeed, interest rates on the yield curve continued to rise as investors focused on short-term securities on the primary market to take advantage of the benefits of revaluation. This has boosted market liquidity.
However, the returns are still below the current inflation rate of 31.7%, indicating that the real return on Treasury securities for investors is still negative. However, the bill for one year was 29.5% lower than the bill for six months.
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