Investors Snub Gov’t’s Treasury Bills Again

T-Bills Undersubscribed First Time in Eight Weeks

Kenya’s Treasury bills (T-Bills) were undersubscribed for the first time in two months, with the overall subscription rate dropping to 60.4%, a significant decline from the 114.1% recorded the previous week. According to Cytonn Investments, the undersubscription points to a shift in investor sentiment amid falling yields and increased caution in the fixed-income market. Investor … The post T-Bills Undersubscribed First Time in Eight Weeks as Inv…

Investors Snub Gov’t’s Treasury Bills Again

Ghana’s latest treasury bills auction has once again highlighted the shifting preferences of investors, as government securities struggled to attract enough bids to meet the targeted amount. For the fourth consecutive week, the Treasury fell short of its funding goal, underscoring a broader trend of investors gravitating toward Bank of Ghana (BoG) bills that continue to offer comparatively attractive yields. According to the auction results rele…