Ghana's T-Bills Auction Exceeds Target Amid Surging Interest Rates

Ghana's government exceeded its target in a recent T-bills auction by 11.9%, with the 91-day bill being the most subscribed, despite a surge in interest rates.

8 Jun, 05:47 — 8 Jun, 05:47

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myjoyonlineMixed71d ago

T-bills auction: Government exceeds target by 11.9%, but interest rates surge

The 91-day bill was once again the most subscribed, as GH¢3.56 billion of the bids were tendered, representing 58.4% of the total bids. The uptake was, however, GH¢3.50 billion.

By Charles Nixon

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Ghana's T-Bills Auction Exceeds Target Amid Surging Interest Rates

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T-bills auction: Government exceeds target by 11.9%, but interest rates surge

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