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On Friday, the government secured GHS 4.11 billion through its latest issuance of Treasury Bills, falling short of the targeted GHS 4.86 billion by GHS 750 million.
The auction results, released by the Bank of Ghana, indicated a 15.4% undersubscription rate, highlighting a notable shortfall despite steady yields across the board.
The breakdown of accepted bids showed a significant preference for the 91-day Bill, which attracted the highest level of subscriptions, amounting to GHS 3 billion. The 182-day Bill followed with GHS 795 million in accepted bids, while the 364-day Bill saw GHS 269 million.