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Investors flock to Ghana bills as domestic debt market signals confidence

Independence Arch, Accra, Ghana. Photo by Nana Kwandoh @ Unsplash
Independence Arch, Accra, Ghana. Photo by Nana Kwandoh @ Unsplash

Evans Effah

Evans Effah is a Ghanaian journalist with over a decade of experience in reporting on politics and business.
  • Treasury bill auction exceeds target by 11.7%
  • Short-term debt attracts overwhelming investor demand

 

ACCRA, GHANA — Ghana’s latest Treasury bill auction drew strong investor demand, with the government raising GH¢8.29 billion ($535 million), exceeding its target by nearly GH¢869 million and underscoring confidence in short-term sovereign debt.

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