T-Bill Auction: Government Fails to Meet Target, Interest Rates Surge

For two consecutive months, the government has failed to meet its target for treasury bills due to tight liquidity in the money market. Bank of Ghana auction results reveal that the government’s target fell short by GH¢991.61 million. The auction aimed for GH¢5.088 billion, but only GH¢4.094 billion was raised. Some analysts suggest that the … Continue reading T-Bill Auction: Government Fails to Meet Target, Interest Rates Surge