T-bills: Government records 5.9% undersubscription, interest rates decline marginally

The government failed to meet its treasury bills target last week, as demand was moderate. According to auction results by the Bank of Ghana, the short-term instruments were undersubscribed by 5.9%. Investors bought T-bills worth a little over GH¢4.21 billion, as against a target of GH¢4.48 billion. The government, however, accepted about GH¢3.9 billion of […]

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