This episode gives updates on Treasury and Bonds Market for last week - ending Friday, December 2, 2022.
Despite the expected announcement of a debt restructuring programme by the government, the Treasury bills auction target was exceeded by GH¢914.43 million.
The yield on 91-Day Bills and 182-Day Bills settled at 36.18% and 36.73% respectively. The yield curve also remains inverted reflecting the sentiments investors have following the announcement of a ‘haircut’ for government bonds.
The target for the next auction (Tender #1828) isGH¢1,816.00 million in 91-Day Bills,182-Day Bills and 364-Day Bills.