About
Gov’t Misses T-Bill Auction Target for Seventh Consecutive Week
The latest auction raised GHS 4.09 billion, significantly below the GHS 5.08 billion target, with a shortfall of GHS 994 million, heightening concerns about the government’s ability to secure necessary funding through short-term debt securities.
Investor interest was concentrated in the 91-day Treasury Bill, which attracted GHS 2.53 billion in bids. The 182-day bill garnered GHS 1.35 billion, while the 364-day bill saw more tepid demand, with bids totaling GHS 205 million.