About 14 million cedis of the total is expected to be used to roll over maturities and the remaining GH¢3.2 billion as fresh issuance to meet government’s financing requirement.

READ ALSO: Pulse Ghana honored at Ghana Startup Awards

In the said quarter, a 2.6 billion cedi fifteen-year bond will be issued in August. Two five year bonds will also be issued, one to be issued in July and the other in August.

Two 3 year bonds, three 1 year and two 2 year bonds will also be issued.

The rest will be 91 and 182-day bills which will yield about 11 billion cedis.

The statement added that the 1-Year Note will be issued every two weeks through the primary auction, while the 91-day and 182-day will be issued every week.

READ ALSO: Over 2,000 service personnel posted for programme

Settlements will be done on first and third Mondays of each month.

Meanwhile, the 2-year note will be issued every month through the primary auction, with settlement occurring on the second Mondays of each month.

READ ALSO: 6 ways to survive on a minimum wage as a Ghanaian

The book building method will be used to issue the 3 and 5-year bonds and settlement will occur on the last Monday of each month.

The 3-Year target in July 2017 will be issued through the reopening of the 3-Year Bond (coupon of 18.50%) maturing 1st June 2020.

The 15 year fixed bond in August this year will be structured bond to convert the existing 91-day treasury bills investment by the National Pensions Regulatory Authority (NPRA).