Ghana 91-day bill yield rises to 15.9621 pct

The Bank of Ghana said the yield on its 91-day bills being sold in a regular weekly auction on Friday rose to 15.9621 percent from 15.6877 percent at the last sale on Feb. 10.

The bank said it had accepted 437.16 million cedis ($96.5 million) worth of bids out of 437.66 million cedis tendered for the paper, which will be issued on Feb. 20.

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($1 = 4.5275 Ghanaian cedis)