Ghana Government Treasury Bills Undersubscribed Amid Rising Interest Rates

Ghana's government treasury bills recorded a 20% undersubscription, with the 91-day bill being the most subscribed. This indicates continued pressure on government borrowing as interest rates climb.

21 Jun, 19:26 — 21 Jun, 19:26

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myjoyonlineMixed71d ago

T-bills: Government record 20% undersubscription; interest rates continue to rise

The 91-day bill was once again the most subscribed, as GH¢2.25 billion of the bids were tendered, representing 53.6% of the total bids.

By Charles Nixon

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Ghana Government Treasury Bills Undersubscribed Amid Rising Interest Rates

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T-bills: Government record 20% undersubscription; interest rates continue to rise

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