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Ghana targets $654 million in treasury bill auction amid market caution

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  • Undersubscriptions highlight liquidity constraints and investor nerves
  • Rising reliance on short-term debt sparks concerns over fiscal risks

Accra, Ghana – The Government of Ghana plans to raise GHS 6.7 billion (about $654 million) in its first treasury bill auction of June, even as recent auctions have consistently fallen short of targets.

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