Banking

Ghana Weekly T-Bills Auction: 91-day bill yield falls to 22.7895% from 22.8160% at the last sale

The Bank of Ghana said the yield on its weekly 91-day bill fell to 22.7895 percent at an auction on Friday from 22.8160 percent at the last sale on June 17.

The bank said it had accepted all 605.36 million cedis ($153.64 million) worth of bids tendered for the 91-day paper, which will be issued on June 27.

($1 USD = 3.9400 Ghana cedis) 

Credit: Reuters 

Author: Kwasi Kpodo

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Henry Cobblah

Henry Cobblah is a Tech Developer, Entrepreneur, and a Journalist. With over 15 Years of experience in the digital media industry, he writes for over 7 media agencies and shows up for TV and Radio discussions on Technology, Sports and Startup Discussions.

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