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How low can Ghana’s T-bill yields go? Demand holds firm

Ghana's Independence Square, also known as Black Star Square. Photo by WyteShot @ Unsplash
Ghana's Independence Square, also known as Black Star Square. Photo by WyteShot @ Unsplash
  • Investors bid GHS8.20bn as government sought GHS7.97bn.
  • Falling yields are steadily reducing returns on short-term government debt.

 

ACCRA, GHANA – Demand for Ghana’s Treasury bills remained resilient as investors again exceeded the government’s borrowing target, even as yields continued falling across all three maturities.

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