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Ghana’s treasury bill sale falters as investors hold back

@ Pixabay Ghana
@ Pixabay
  • Latest auction records a 22.12% undersubscription, ending three weeks of oversubscriptions
  • Analysts warn shortfall could raise borrowing costs and dent investor confidence

 

ACCRA, GHANA – Ghana’s latest treasury bill auction ended with a 22.12% undersubscription, raising concerns over the government’s short-term financing plans, the Bank of Ghana’s liquidity management, and sentiment in the fixed-income market.

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