Independent Investment Research · Ghana & Africa
Weekly · Bank of Ghana
Primary auction clearing yield on 91-day Government of Ghana bills.
Bank of Ghana
Primary auction clearing yield on 91-day Government of Ghana bills.
Unit: % · Frequency: Weekly · As at 15 August 2026 · Source: Bank of Ghana
| Date | 91-Day Treasury Bill |
|---|---|
| 22 May 2026 | 13.25 |
| 29 May 2026 | 13.22 |
| 5 Jun 2026 | 13.20 |
| 12 Jun 2026 | 13.18 |
| 19 Jun 2026 | 13.15 |
| 26 Jun 2026 | 13.12 |
| 3 Jul 2026 | 13.10 |
| 10 Jul 2026 | 13.08 |
| 17 Jul 2026 | 13.05 |
| 24 Jul 2026 | 13.02 |
| 31 Jul 2026 | 13.00 |
| 7 Aug 2026 | 12.98 |
FlowWealth publishes this series for information. Figures are recorded from the named source and may be revised by the publisher after release. Verify against the original publication before relying on any figure for a decision. See our data sources policy.
Research using this series
Disinflation has given the Bank of Ghana room to ease, and the market has already priced a substantial part of it. We examine how far the cycle can plausibly run, why the pass-through to deposit rates will lag, and what a lower nominal rate environment means for savers holding short-dated Treasury bills.
The dominant risk in Ghanaian fixed income has shifted. After the domestic debt exchange, investors spent two years focused on credit. The binding question now is what maturing short-dated paper can be reinvested into, and whether the real return on that reinvestment is positive.
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