- Treasury bill demand surges after months of weak appetite
- Fitch upgrade signals renewed confidence in Ghana’s economic recovery
ACCRA, GHANA – Two financial developments last week offered Ghana its clearest economic vindication since the country plunged into crisis and default just over two years ago.
The first came quietly through the domestic debt market. Ghana’s treasury bill auction drew GH¢7.83bn in bids against a government target of GH¢4.35bn, producing an oversubscription of about 80% and reversing two consecutive months of weak demand.
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