Government misses T-bill target, raises GH¢4.53 billion in July 11 auction

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OLE 4 months ago

It is not the demand for treasury bills that are weak but rather BOG's discretion to cut off rates in order to control the rates on the financial markets. BOG rejected bids eventhough they had not met the target for auction.

It is not the demand for treasury bills that are weak but rather BOG's discretion to cut off rates in order to control the rates on the financial markets. BOG rejected bids eventhough they had not met the target for auction.