Ghana's T-Bills Auction Oversubscribed Amid Rising Interest Rates

Ghana's government recorded a 23% oversubscription in its latest T-bills auction, with the 364-day bill being the most popular, though interest rates continued their upward trend.

5 Jul, 18:44 — 5 Jul, 18:44

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myjoyonlineMixed1d ago

T-bills auction: Government records 23% oversubscription, but interest rates continue to rise

The 364-day bill was once again the most subscribed bill as GH¢1.85 billion of the bids were tendered, representing 44.5% of the total bids.

By Charles Nixon

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Ghana's T-Bills Auction Oversubscribed Amid Rising Interest Rates

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T-bills auction: Government records 23% oversubscription, but interest rates continue to rise

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