T-bill demand weakens, auction falls 32% short of target
Investor appetite for government short-term securities remained weak, as results from last week’s Treasury bill auction showed that total bids fell by about 19.5 percent week-on-week to GH¢3.17 billion, despite improving yields. Demand also fell short of the government’s GH¢4.67 billion target by GH¢1.72 billion, resulting in an undersubscription of 32.19 percent. Out of the … Continue reading T-bill demand weakens, auction falls 32% short of target
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