- Treasury bills oversubscribed after weeks of weak demand
- Mixed yields signal shifting investor expectations
ACCRA-GHANA – Ghana’s short-term debt market rebounded sharply this week as treasury bills recorded a 38.14% oversubscription, signalling renewed demand for government securities.
Data released by the Bank of Ghana showed investors submitted GHS8.01 billion ($701mn) in bids against a target of GHS5.80 billion ($507.6mn) at auctions covering the 91-day, 182-day and 364-day bills.
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