May 15, 2015 / 4:42 PM / 2 years ago

Ghana 91-day bill yield rises to 25.0768 pct

ACCRA, May 8 (Reuters) - The Bank of Ghana said the yield on its 91-day bill rose to 25.0768 at an auction on Friday, from 25.0373 percent at the last sale.

The rise, the first in several weeks, followed a surprise 100 basis point rate hike by the central bank on Wednesday to fend off inflation.

The bank said it had accepted 654.69 million cedis ($166.37 million) worth of bids of the 718.51 million cedis tendered for the 91-day paper.

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here%201433.pdf ($1 USD = 3.9350 Ghana cedis) (Writing by Kwasi Kpodo; Editing by Daniel Flynn)

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