Ghana’s treasury bills surge in demand as investors shift from central bank instruments

• Investor confidence rebounds as Ghana’s T-bill auction oversubscribed by nearly 98%
• Rate cuts on central bank instruments drive sharp demand for short-term government securities

ACCRA, GHANA – Ghana’s Treasury saw a strong resurgence in investor demand for its short-term debt, with its latest T-bill auction oversubscribed by nearly 98%, signalling renewed confidence in government securities after months of weak uptake.