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Ghana's Treasury Bill Market Faces GH¢672M Shortfall

8/26/2025

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Summary

Story summary

Ghana's Treasury bill market has missed its issuance target for three weeks, with a GH¢672 million shortfall in the latest auction.
Investors are moving towards higher-yielding instruments, causing yields on 91-day and 182-day bills to rise.
The government plans to raise GH¢6.72 billion in the upcoming auction on August 29.

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Story summary

Ghana's Treasury bill market has missed its issuance target for three weeks, with a GH¢672 million shortfall in the latest auction.
Investors are moving towards higher-yielding instruments, causing yields on 91-day and 182-day bills to rise.
The government plans to raise GH¢6.72 billion in the upcoming auction on August 29.