{
  "id": 10374757,
  "title": "Treasury bill demand rebounds as investors submit GH¢3.66bn in bids",
  "url": "https://urgent.news/2026/09/28/treasury-bill-demand-rebounds-as-investors-submit-gh-3-66bn-in-bids",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T05:37:00.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/treasury-bill-demand-rebounds-as-investors-submit-gh%c2%a23-66bn-in-bids/"
  },
  "original_language": "en",
  "account": "Investor demand for Treasury bills has surged, with the recent primary market auction surpassing the government's target by GH¢904.64 million. The auction gathered total bids of GH¢3.66 billion across 91-day, 182-day, and 364-day Treasury bills, representing a 32.9% oversubscription compared to the previous auction. The government accepted GH¢2.90 billion of the bids, reflecting 79.3% of the total investor demand. The 91-day bill received the most bids, with GH¢2.08 billion, of which GH¢1.88 billion was accepted, followed by the 182-day instrument with GH¢702.95 million in bids and GH¢520.57 million accepted. The 364-day bill attracted GH¢876.72 million in bids, of which GH¢497.74 million was taken by the government.\n\nThe auction also revealed a decline in Treasury bill yields across all three maturities. The 91-day yield dropped by two basis points to 4.67%, the 182-day yield decreased by 11 basis points to 6.37%, while the 364-day yield experienced the largest decline, falling by 15 basis points to 9.83%. Analysts have credited the stronger demand to the government's more lenient borrowing target, coupled with a persistent appetite for short-term government securities. For the upcoming auction, the government plans to target GH¢2.24 billion through the issuance of 91-day, 182-day, and 364-day Treasury bills.",
  "summary": "Investor demand for Treasury bills has rebounded strongly, with bids at the latest primary market auction exceeding the government’s target by GH¢904.64 million.",
  "key_points": [
    "Investors submitted GH¢3.66bn in bids for Treasury bills",
    "Government accepted GH¢2.90bn of total bids",
    "Treasury bill yields declined across all maturities"
  ],
  "editors_take": "The rebound in Treasury bill demand, driven by a lower borrowing target and appetite for short-term securities, likely eases government funding costs as reflected in the decline in yields across all maturities.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Adom Online",
        "title": "Treasury bill demand rebounds as investors submit GH¢3.66bn in bids",
        "url": "https://urgent.news/2026/09/28/treasury-bill-demand-rebounds-as-investors-submit-gh-3-66bn-in-bids-10395220",
        "published": "2026-09-28T07:15:43.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}