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T-bills auction: Government records 60% oversubscription but at higher cost; interest rates hit nearly 13%
EconomyJun 29, 2026

T-bills auction: Government records 60% oversubscription but at higher cost; interest rates hit nearly 13%

Ghana ReportSource

The government recorded about 60% oversubscription of its treasury bills auction but at a higher cost, as investors demanded more compensation. Investors submitted bids worth GH¢7.3 billion as against a target of GH¢4.5 billion. The government however accepted GH¢6.01 billion. This time around majority of the bids came from the 364-day bill, representing 73%

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T-bills auction: Government records 60% oversubscription but at higher cost; interest rates hit nearly 13% | Economy News