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Treasury Misses T-Bill Auction Target by GHS 756 Million for Eighth Consecutive Week
The Government of Ghana has once again missed its Treasury Bill auction target, marking the eighth consecutive week of undersubscription.
The latest auction raised GHS 4.84 billion, falling short of the GHS 5.60 billion target by GHS 756 million. This persistent shortfall raises significant concerns about the government's ability to secure necessary funding through short-term debt instruments.
Investor interest was notably concentrated in the 91-day Treasury Bill, which attracted GHS 3.90 billion in bids.