- Seven straight auction misses signal liquidity stress
- Investors shift sharply to short-term securities
ACCRA, GHANA – Ghana’s domestic debt market is flashing warning signs as repeated treasury bill shortfalls expose tightening liquidity and rising investor caution.
Ghana’s government has now missed its treasury bill target for the seventh consecutive auction, falling short by GHS577mn ($52.0mn) in the latest exercise — a pattern increasingly viewed as a barometer of deeper financial strain within the economy.
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