The gap between target and sold gets bigger every week. But the required payments for matured T-bills are fixed, meaning less and less money is left to actually fund the government.
A really critical point is coming once t ... read full comment
The gap between target and sold gets bigger every week. But the required payments for matured T-bills are fixed, meaning less and less money is left to actually fund the government.
A really critical point is coming once the sales are not enough anymore to pay the matured bills. Then either they use GRA revenues for servicing the matured bills or they use (illegal) BoG loans again or the government finally defaults on T-bills too.
It's getting interesting...
Mohammed Seidu BBA, ICAG II, Mphil Finance 1 year ago
Your statistics is not reasonable.
Your statistics is not reasonable.
Mohammed Seidu BBA, ICAG II, Mphil Finance 1 year ago
The gap between target and sold gets bigger every week. But the required payments for matured T-bills are fixed, meaning less and less money is left to actually fund the government.
A really critical point is coming once t ...
read full comment
Your statistics is not reasonable.
Your statistics are not reasonable
Then give us the reasonable one.