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T-Bills Undersubscription: Gov't Continues to Miss Auction Targets; Raises GHS 5.2 Billion in Latest Auction
The Government’s struggle to meet its Treasury Bill auction targets has persisted for the sixth week in a row, as the latest auction raised GHS 5.22 billion, narrowly missing the GHS 5.31 billion target by GHS 91 million.
This ongoing shortfall highlights growing concerns about the government's ability to secure adequate funding through short-term debt securities.
Investor sentiment was most robust for the 91-day Treasury Bill, which garnered bids totaling GHS 3.72 billion.