Ghana's government raised GH¢3.34bn ($534.5m) in treasury bill auction, surpassing target by 3%, due to strong investor demand.
Ghana's government raised GH¢3.34 billion ($534.5 million) in a recent treasury bill auction, surpassing its target by 3%, as investor demand was strong, particularly for the 91-day bill. Interest rates for short-term bills saw minor reductions, while those for longer-term notes remained unchanged. The auction results demonstrate strong investor confidence in government securities, with interest rates ranging between 21% and 23%.
July 08, 2024
5 Articles