Treasury Bills Oversubscribed for 5th Week—GH¢3.95bn Raised as Yields Edge Up!
For the fifth week in a row, the government reported that treasury bills were 19.0% oversubscribed. The auction’s goal was GH¢3.3 billion, but the government got GH¢3.95 billion, which is about 19.69% more than they needed. It did, however, accept bids totaling GH¢3.89 billion. The Bank of Ghana says that a little over 61% of…

