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Undersubscription Of T-Bills Continues As Gov't Misses Target By GHS 345 Million In Latest Issuance
The government continues to struggle with its Treasury Bill auctions, missing its targets for the fifth consecutive week.
In the latest auction, GHS 4.62 billion was raised, falling short of the GHS 4.96 billion target by GHS 345 million.
This persistent undersubscription underscores ongoing concerns about the government’s ability to meet its funding needs through short-term debt securities.
Investor interest was strongest in the 91-day Treasury Bill, which attracted bids of GHS 3.60 billion, followed by the 182-day bill at GHS 733 million and the 364-day bill at GHS 284 million.