{
  "id": 13793424,
  "title": "T-bills auction: Demand improves as government exceeds target by about 76%; interest rates soften",
  "url": "https://urgent.news/2026/10/11/t-bills-auction-demand-improves-as-government-exceeds-target-by-about",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-11T20:05:09.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/t-bills-auction-demand-improves-as-government-exceeds-target-by-about-76-interest-rates-soften/"
  },
  "original_language": "en",
  "account": "The recent treasury bills auction saw a significant surge in demand, surpassing the government's target by approximately 76.4% to accumulate GH¢5.06 billion. Despite predictions from some analysts that investor interest would remain subdued, the Treasury managed to acquire GH¢4.40 billion of the bids, surpassing the initial target of GH¢2.86 billion. The Bank of Ghana reported that the majority of the bids came from the 91-day instrument, with slightly over GH¢3.2 billion tendered, making up 64.9% of the total bids. The 182-day bill received bids amounting to about GH¢1.3 billion, while the 364-day bill saw bids of about GH¢468.9 million. As a result of the high demand, interest rates on the treasury bills have softened, leading to a reduction in the government's cost of domestic debt. The yield on the 91-day bill decreased by 4.0 basis points to 4.60%, while the 182-day bill's yield dropped by 0.04 percentage points to 6.27%. The yield on the 364-day bill also saw a 5.0 basis point decrease to 9.75%.",
  "summary": "The Treasury, however, accepted GH¢4.40 billion of the total bids as against a target of GH¢2.86 billion.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Joy Business",
        "title": "T-bills auction: Demand improves as government exceeds target by about 76%; interest rates soften",
        "url": "https://urgent.news/2026/10/11/t-bills-auction-demand-improves-as-government-exceeds-target-by-about-13793711",
        "published": "2026-10-11T20:05:09.000Z"
      }
    ]
  },
  "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."
}