The primary government securities auctions conducted during the quarter ending September 2023, were generally undersubscribed, save for2- and 25-year bonds’ auctions according to the Economic Bulletin for the quarter ending September 2023 released by the Central Bank. “The undersubscription was attributed to a decrease in appetite for the instruments owing to availability of other competing … Continue reading Why primary Government securities auctions were undersubscribed in Q3, 2023