- Government intensifies T-bill issuance ahead of GH¢6.1 billion coupon payment
- Heavy reliance on short-term borrowing raises concerns over long-term economic stability
By Emmanuel Bruce
Ghana’s government has significantly increased its treasury bill auctions in recent weeks to build up liquidity ahead of an impending GH¢6.1 billion ($393.95 million) coupon payment on restructured domestic bonds scheduled for August 21. This push has seen auction targets soar beyond the usual average of GH¢3.5 billion ($224 million) as officials strive to ensure the payment is met.
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