Ghana treasury bills attract strong demand as investors back recovery drive

• Treasury raises $140mn above target on strong investor demand
• Oversubscription signals renewed confidence in Ghana’s macro outlook

ACCRA, GHANA – Ghana’s Treasury bill market remained firmly oversubscribed, with the government raising about GH¢1.5 billion ($140mn) above target at its latest short-term debt auction, signalling sustained investor confidence.

Data from the Bank of Ghana showed that total bids across the 91-day, 182-day and 364-day Treasury bills significantly exceeded the government’s financing target, allowing the Treasury to meet its needs comfortably while accepting most offers received.