• About
  • Advertisements
  • Terms of Use
  • Contact
Thursday, July 10, 2025
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

ACI Ghana – Financial Markets Association weekly money market update – May 6, 2024

by The Sikaman Times
May 7, 2024
ACI Ghana weekly money market update – February 5, 2024
ShareTweetSendShareSend

Below is Ghana’s money market update for the week beginning May 6, 2024.

KEY TAKEAWAYS

Yields on the 91-Day, 182-Day and 1-Year T-Bill rates fell by 10bps, 25bps and 25bps to close at 25.45%, 27.40%, and 28.00% respectively. BOG 56- day bill and interbank rate remained at 29.00% and 28.74% respectively.

Expected maturities for the week of May 6, 2024, include:

>> GHS 2.73 billion in Treasury Bill maturities comprising:

  1. GHS 1.91 billion in 91-day maturities due on May 6th
  2. GHS 439 million in 182-day maturities due on May 6th
  3. GHS 381 million in 364-day maturities due on May 6th

>> GHS 7.09 billion in 56-day Bill maturities comprising:

  1. GHS 4.13 billion due on May 6th
  2. GHS 2.96 billion due on May 6th

The Treasury Bill auction demand on Friday was oversubscribed by 17.07%. The Government accepted all the GHS 3.465 billion bids tendered, which was above the auction target of GHS 2.960 billion.

Auction Target

GHS 2.96 billion

Total Bids

GHS 3.465 billion

Total Accepted

GHS 3.465 billion

Bid-to-Cover

1.0000x

Subscription Ratio

1.1707x

Money Market Term(s) of the Week

Certificate of deposit: A certificate of deposit (CD) refers to a product extended by banks, credit unions, and other financial lenders to provide a specified interest rate to investors who leave a lump-sum deposit that cannot be withdrawn for a certain period of time.

*****
Never miss out on the news. Get your valuable breaking news and other vital content by following The Sikaman Times on WhatsApp Channel

*****

Advertisement Advertisement
Share1Tweet1SendShareSend
Previous Post

A-G opens 14th Commonwealth Regional Conference of Heads of Anti-Corruption Agencies in Africa

Next Post

Bawumia: Cedi depreciation has been lower under NPP

Related Posts

Country Senior Partner at PwC Ghana, Vish Ashiagbor
Business

GenAI trust and adoption surges in Ghanaian boardrooms – PwC survey

July 9, 2025
PwC Ghana - 2
Business

Ghanaian CEOs upbeat on economy but cautious about business-specific growth

July 9, 2025
Awruabena Aubynn and Nana Akua Owusu Afriye
General

Ablekuma North polls: High court dismisses NPP’s injunction application

July 9, 2025
Elizabeth Ofosu-Adjare-2
General

1D1F is no more – Trade Minister tells Parliament

July 9, 2025
CDD-Ghana presentation on DemCap
General

CDD-Ghana warns of rising threat of “Democracy Capture” in Africa

July 8, 2025
Mahama launches gold smuggling task force, announces whistleblower reward scheme
Business

Mahama launches gold smuggling task force, announces whistleblower reward scheme

July 8, 2025
Next Post
Ignore NDC’s distractions – Dr. Bawumia to NPP followers

Bawumia: Cedi depreciation has been lower under NPP

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • CDD-Ghana presentation on DemCap

    CDD-Ghana warns of rising threat of “Democracy Capture” in Africa

    1 shares
    Share 0 Tweet 0
  • Ablekuma North polls: High court dismisses NPP’s injunction application

    1 shares
    Share 0 Tweet 0
  • Ghanaian CEOs upbeat on economy but cautious about business-specific growth

    0 shares
    Share 0 Tweet 0
  • GenAI trust and adoption surges in Ghanaian boardrooms – PwC survey

    0 shares
    Share 0 Tweet 0
  • Suspended CJ Torkornoo drags Gov’t to ECOWAS Court, says Deputy AG

    2 shares
    Share 1 Tweet 1
The Sikaman Times

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Follow Us

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western

Recent News

Country Senior Partner at PwC Ghana, Vish Ashiagbor

GenAI trust and adoption surges in Ghanaian boardrooms – PwC survey

July 9, 2025
PwC Ghana - 2

Ghanaian CEOs upbeat on economy but cautious about business-specific growth

July 9, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2024 - The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2024 - The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2025
The Sikaman Times