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Expert identifies key factors for potential T-Bill rate reductionManaging Partner for Treasury Hub Ghana, Kwaku Oppong, has enumerated factors that will cause a significant drop in interest rates on T-Bills.According to the Managing Partner for Treasury Hub Ghana, Kwaku Oppong, rates on T-Bills can only drop if the cedi appreciates against the greenback in the months ahead.Additionally, inflation has to significantly drop forcing the Central Bank to also significantly reduce its monetary policy rate which serves as the benchmark interest rate on Government debt securities, particularly the T-Bills.Speaking during NorvanReports ; X Space Open Forum themed, To Restructure or Not To Restructure T-Bills , Mr Oppong stated that, Govt MoF borrows at T-bill rates, whereas Central Bank BoG borrows at the monetary policy rate MPR . MoF cannot be borrowing lowe [url=https://www.cup-stanley.com.de]stanley cup[/url] r than where BoG borrows currently at 30% . But how can BoG borrow cheaper By reducing the MPR. The MPR can also only be reduced if inflation which is 40+ comes down.B [url=https://www.cup-stanley.es]stanley vaso[/url] ut inflation can only come down if the FX rate depreciation which is about 50% y/y is eased. Until all these macros align, MoF cannot unilaterally cut ; the T-bill rates. In sum, the Cedi has to appreciate, inflation has to print lower, then MPR can be reduced and consequently T-bill [url=https://www.owalas.ca]owala website[/url] rates will trend downwards. RelatedPosts First National Bank relocates Junction Mall Branch to Spintex Road Manufacturers Upbeat About Economy as Capi Xbpq Panama road slaughter hits 295
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