- Government misses auction target for second straight week
- Rising yields signal tighter liquidity, cautious investor sentiment
ACCRA, GHANA – Ghana’s treasury bills market is showing signs of weakening investor appetite after the government missed its auction target for a second consecutive week.
According to auction results released by the Bank of Ghana, the government recorded a 20.14% undersubscription, securing GHS3.93bn against a target of GHS4.93bn. Of the bids received, only GHS3.23bn was accepted, indicating tighter liquidity conditions and more selective investor participation.
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