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T-Bill Auction Records First Undersubscription of GHS 1.04 Billion in Six Weeks
The Government of Ghana has missed its Treasury bill (T-bill) auction target of GHS 6.22 billion, securing GHS 5.17 billion in the November 15, 2024 auction.
Despite the undersubscription, demand remained robust across all three tenors, with the 91-day bill leading with bids of GHS 3.94 billion.
The 182-day and 364-day bills also garnered investor interest, attracting GHS 653 million and GHS 584 million, respectively.