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Gov't Misses Treasury Bill Auction Target by GHS 2.67 Billion for Second Consecutive Week
The government has missed its Treasury Bill auction target for the second consecutive week, raising GHS 4.76 billion last Friday, significantly short of its GHS 7.43 billion auction goal.
This follows an undersubscription of GHS 1.48 billion the previous week, when the government aimed to raise GHS 5.88 billion.
The most recent shortfall, an undersubscription of GHS 2.67 billion, occurred despite rising yields on short-term debt instruments.