T-bills auction: Government records 20.1% undersubscription; interest rates continue to surge

For the second week running, the government failed to meet its treasury bills target. According to the auction results by the Bank of Ghana, the government recorded 20.14% undersubscription of its auction target.   According to auction results, the government got GH¢3.93 billion as against a target of GH¢ 4.93 billion. It, however, accepted GH¢3.23 […]

By Charles Nixon