Dr. Cassiel Ato Baah Forson, Minister for Finance
Government plans to raise GH¢75.7 billion from the domestic market between October and December 2025 to finance public spending and refinance maturing debts.
According to the latest issuance calendar released by the Bank of Ghana (BoG), about GH¢67.5 billion of the total amount will be used to roll over maturing securities, while the remaining GH¢8.2 billion will constitute new borrowing to support government operations and expenditure for the fourth quarter.
The central bank indicated that the funds would be mobilised through the regular issuance of 91-day, 182-day, and 364-day Treasury bills, as well as reopenings of existing bonds under the Domestic Debt Exchange Programme (DDEP), depending on market conditions.
The issuance calendar, BoG said, reflects government’s ongoing effort to strengthen debt management, deepen the domestic capital market, and enhance transparency in its borrowing operations.
The central bank added that it also aligns with the broader fiscal strategy to lengthen the maturity profile of public debt and reduce rollover risks over time.
A Business Desk Report