Ghana's Treasury Bills Auction Sees High Investor Appetite and Falling Interest Rates

Ghana's latest treasury bills auction recorded a significant oversubscription of GH¢14.82 billion, indicating strong investor appetite and leading to a tumble in interest rates to 5.3%.

1 Mar, 20:02 — 1 Mar, 20:02

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T-bills auction: Investor appetite remains at all-time high; interest rates tumble to 5.3%

According to auction results by the Bank of Ghana, the government yet again recorded a huge oversubscription of treasury bills to the tune of GH¢14.82 billion.

By Charles Nixon

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Ghana's Treasury Bills Auction Sees High Investor Appetite and Falling Interest Rates

Read at source (1 outlet)

T-bills auction: Investor appetite remains at all-time high; interest rates tumble to 5.3%

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