T-bills auction: Government borrowed GH¢14bn in October 2026
Last week, investor appetite for T-bills moderated at October’s final auction, with total bids declining by 40.28% week-on-week to GH¢2.55bn.
In October 2026, the government raised GH¢14.97 billion through treasury bill auctions, falling short of its GH¢15.37 billion target by GH¢1.40 billion. Despite a relatively high investor demand, the Treasury saw a significant drop in bids, with subscriptions declining by 40.28% compared to the previous week. The 91-day, 182-day, and 364-day rates also saw a decline, with the yields easing to 4.60%, 6.26%, and 9.60%, respectively.
Looking ahead, the government aims to raise GH¢3.54 billion through the issuance of 91-day, 182-day, and 364-day bills this week. This will be used to cover maturing bills amounting to GH¢3.21 billion.
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- T-bills auction: Government borrowed GH¢14bn in October 2026 myjoyonline.com
