{
  "id": 1320042,
  "title": "T-bills auction: Government exceeds target by 88%, interest rates tumble",
  "url": "https://urgent.news/2026/08/16/t-bills-auction-government-exceeds-target-by-88-interest-rates-tumble",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-16T17:56:39.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/t-bills-auction-government-exceeds-target-by-88-interest-rates-tumble/"
  },
  "original_language": "en",
  "account": "The government exceeded its treasury bill target by 88 percent during an auction, with investor interest surging. According to the Bank of Ghana's auction results, the government secured a substantial GH¢11.2 billion from investors. However, only about GH¢4.88 billion was accepted out of the total bids received. The 91-day bill emerged as the most popular short-term instrument, surpassing the 364-day bill. Approximately GH¢5 billion of the bids were submitted, accounting for 44.9% of the overall bids. Around GH¢4.0 billion of these bids were ultimately accepted. The 364-day bill received bids worth GH¢4.9 billion, with an acceptance rate of GH¢289.70 million. Similarly, the 182-day bill garnered bids amounting to GH¢1.28 billion, of which about GH¢526 million was accepted. Concurrently, interest rates across the yield curve experienced a notable decline. The yield on the 91-day bill dropped by 16 basis points to 5.46%. The 182-day bill's yield fell to 7.27% from the previous week's 7.57%, while the 364-day bill's yield decreased by 48 basis points to 12.50%.",
  "summary": "The 91-day bill overtook the 364-day bill as the most patronised short-term instrument.",
  "key_points": [
    "Government exceeds GH¢11.2 billion treasury bill target by 88%",
    "91-day bill most popular, yield drops to 5.46%",
    "Overall interest rates decline across yield curve"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "T-bills auction: Government exceeds target by 88%, interest rates tumble",
        "url": "https://urgent.news/2026/08/16/t-bills-auction-government-exceeds-target-by-88-interest-rates-tumble-1323215",
        "published": "2026-08-16T17:56:39.000Z"
      }
    ]
  },
  "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."
}