 has raised GH¢3.42 billion from its latest Open Market Operation by issuing 56-day treasury bills at a yield of 27.9 percent.){kind=link}
The Bank of Ghana (BoG) has raised GH¢3.42 billion from its latest Open Market Operation by issuing 56-day treasury bills at a yield of 27.9 percent.
The move is part of the central bank’s ongoing efforts to control inflation and manage excess liquidity in the financial system. The auction was held on Monday, May 5, 2025.
Though the BoG did not disclose the total bids received or its target for the auction, analysts have described the exercise as successful, citing strong investor demand for short-term, high-yield cedi assets.
The 56-day bill was priced just below the monetary policy rate of 28 percent, reflecting the central bank’s aim to guide short-term market rates while keeping inflation expectations in check.
The funds raised may also support the government’s short-term financing needs, a sign of continued coordination between fiscal and monetary authorities.
Despite current economic pressures, the results show growing investor confidence in short-term government securities.
Ghana|Atinkaonline.com| Najat Adamu