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Tag Archives: T-bills

T-bills oversubscribed by GH¢733 million despite increasing interest rates

This week the government secured GH¢2.57 billion from the sale of treasury bills in the auction on May 5, 2023. The auction saw an oversubscription of GH¢733.79 million even though interest rates have been rising. The target for this week’s auction was GH¢1.83 billion. Also, interest rates have increased to …

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Government secures GH¢1.395 billion from T-bills auction sale

The Government of Ghana has sold little above the target for its Treasury Bills auctioning, a Joy Business report has said. According to the portal, the development comes after government secured GH¢1.395 billion from the auction sale of the 91-day and 182-day T-bills which represents nearly 14 percent oversubscription. Despite …

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