Government to borrow GH¢4.12 billion in fresh funds second quarter 2021 - News Summed Up

Government to borrow GH¢4.12 billion in fresh funds second quarter 2021


Business News of Friday, 30 April 2021Source: www.ghanaweb.comAccording to government’s issuance calendar, it will borrow some GH¢4.12 billion in fresh funds in the second quarter of 2021. The government will issue ¢11.3 billion via the 91-day Treasury bills, whilst GH¢5.5 billion will be mobilized through the issuance of the 182-day T-bills. The issuance calendar also detailed that GH¢1.57 billion is, however, expected to be raised from the one-year bill. GH¢2 billion is expected to be raised for the five-year bond while GH¢1.0 billion will be generated through a seven-year bond. The financial sector debt also stood at GH¢15.3 billion in December 2020, but GH¢100 million lower, from the September 2020 data.


Source: GhanaWeb April 30, 2021 14:11 UTC



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