BANK OF GHANA
NOTICE NO. BG/TD/2015/39
ISSUANCE CALENDAR FOR GOVERNMENT OF GHANA SECURITIES : JULY – DECEMBER, 2015
The Bank of Ghana, on behalf of the Ministry of Finance, announces for the information of all Primary Dealers, Banks, Brokers, the General Public and all prospective investors in the domestic securities market, the Issuance Calendar for Government of Ghana Securities for the period July – December 2015.
The following instruments would be available for issue in accordance with the stated respective frequencies:
| MONTH |
JULY (GH¢ M) |
AUG (GH¢ M) |
SEPT (GH¢ M) |
OCT (GH¢ M) |
NOV (GH¢ M) |
DEC (GH¢M) |
FREQUENCY |
| 91-Day T/Bill | 2,427.91 | 3,190.00 | 2,400.00 | 2,400.00 | 2,400.00 | 3,000.00 | Weekly |
| 182-Day T/Bill | 684.65 | 1,250.00 | 950.00 | 800.00 | 1,000.00 | 800.00 | Weekly |
| 1-Year Note | 21.33 | 120.00 | 120.00 | 120.00 | 180.00 | 60.00 | Bi weekly |
| 2-Year Note | 5.01 | 300.00 | 300.00 | 300.00 | 300.00 | 300.00 | Monthly |
| 3-Year Fixed Rate Bond | - | - | 440.00 | 1,000.00 | - | - | September & Ocotber |
| 5-Year Fixed Rate Bond | - | 500.00 | - | - | - | - | August |
It should be noted that:
(i) The Ministry of Finance and the Bank of Ghana reserve the right not to roll-over maturing instruments, and to amend these details as and when the need arises.
(ii) The amount are indicative and subject to confirmation on publication of Issue Notice.
(iii) Auction for the 91-day and 182-day treasury bills will be conducted weekly, the 1-year note evey 2weeks and the 2-year note once a month, on Fridays (or the last day of the working week) and settlement is T+1 (or the first day working day of the week following the Auction).
(iv) The 3-year and 5-year bonds will be issued in accordance with this calendar.
(v) The 2-year note, and the 3-year and 5-year fixed rate bonds are all now available to both residents and non-residents investors.
(vi) The modalities and exact dates of issue of the 3-year, and 5-year bonds would be announced before each issue.
(vii) The treasury notes and bonds may be re-opened to create liquidity in the instruments.
All enquiries on this Notice should be directed to:
The Head
Treasury Department
Bank of Ghana
Accra
(Sgd.)
CAROLINE OTOO
THE SECRETARY
August 17, 2015
