The Government plans to raise GH₵8.18 billion in fresh funds from the domestic market between October and December 2025, according to the Bank of Ghana’s latest Treasury Issuance Calendar.
The move forms part of a broader plan to mobilise a gross amount of GH₵75.7 billion for the final quarter of the year. Out of this total, GH₵67.52 billion will go toward rolling over maturing debts, while the GH₵8.18 billion represents new borrowing to finance the government’s budgetary needs.
According to the central bank, the funds will be raised through the issuance of Treasury bills and bonds, consistent with the government’s Debt Management Strategy to lengthen the maturity profile of public debt and support market development.
Under the plan, the 91-day, 182-day, and 364-day Treasury bills will continue to be issued weekly through the primary auction, with settlements occurring one working day after each transaction. The government may also reopen selected bonds under the Domestic Debt Exchange Programme (DDEP), depending on market conditions, to promote liquidity in the secondary bond market.
The government reaffirmed its commitment to strengthening investor confidence and revamping the domestic debt market, assuring all stakeholders of continued efforts to deepen transparency and market predictability.