{{Ghana is now ranked first among 12 African countries with the highest interest rates, according to Ecobank Research tracking of interest rates on the Continent.}}<\/p>\n
According to the report, the yield on the 91-Day and 182-Day bill stood at 21.08 and 20.90 percent respectively.<\/p>\n
It was followed by Malawi and The Gambia with interest rates of more than 15 percent on the short term dated instrument.<\/p>\n
ECOWAS biggest economy Nigeria recorded interest rates of 12.26 and 14.06 percent respectively on its 91-Day and 182-Day bills respectively.<\/p>\n
Ghana issued its first three-year bond last month which was marginally oversubscribed.<\/p>\n
While the longer term bonds are infrequently issued, the report said the Central Bank remain keen on extending the yield curve to deepen liquidity and support secondary market price discovery.<\/p>\n
The Monetary Policy Committee raised the policy rate to 18 percent in February.<\/p>\n
This significantly impacted on bond pricing, as yields on the 3-year bond rose significantly to reflect risk premium associated with uncertainty over the short term Cedi and inflation outlook.<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Ghana is now ranked first among 12 African countries with the highest interest rates, according to Ecobank Research tracking of interest rates on the Continent.}} According to the report, the yield on the 91-Day and 182-Day bill stood at 21.08 and 20.90 percent respectively. It was followed by Malawi and The Gambia with interest rates […]<\/p>\n","protected":false},"author":2,"featured_media":2000050708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[100],"byline":[170],"hashtag":[],"class_list":["post-12906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-africa","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000050708,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12906.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12906.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12906.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12906.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12906.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton12906.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/12906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=12906"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/12906\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000050708"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=12906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=12906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=12906"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=12906"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=12906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}