The Government has borrowed an amount of GHȼ59.68 billion from the domestic money market since assuming office this year.
The GHȼ59.68 billion has been borrowed in seven weeks from the domestic money market through the issue of 91-day, 182-day and 365-day Treasury Bills.
The new Mahama-led government’s borrowing from the domestic short term market in 2025, also known as Treasury Bill Auctions, started right at the beginning of the year, upon the government’s assumption of office, and has spanned a period of seven weeks in succession.
According to Bank of Ghana data, the government first went into the domestic market on January 10, 2025, three days after assuming office and borrowed GHȼ8.07 billion, followed by another round of borrowing on January 17, 2025, which amounted to GHȼ8.83 billion.
On January 24, the government again borrowed GHȼ8.16 billion and another GHȼ7.99 billion on January 31.
In February, the government has been to the T-bill market three times on February 7, 14 and 21 to borrow GHȼ7.60 billion, GHȼ9.43 billion and GHȼ9.6 billion respectively.
The table below shows a breakdown of the government’s borrowing from the Domestic Bond Market in 2025 (Treasury Bill Auctions) between January 10th – February 21 2025:
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