T-bills auction: Government exceeds target by 51%, interest rates fall again

The government recorded another oversubscription of its treasury bills. According to auction results by the Bank of Ghana, the government exceeded its target by 51.6%, amounting to GH¢9.93 billion. It, however, accepted about GH¢8.3 billion of the bids. For the first time in several months, the 91-day bill led the…