{
  "id": 15469634,
  "title": "T-bills auction: Government records 16% undersubscription; interest rates register mixed performance across yield curve",
  "url": "https://urgent.news/2026/10/18/t-bills-auction-government-records-16-undersubscription-interest",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-18T18:53:30.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/t-bills-auction-government-records-16-undersubscription-interest-rates-register-mixed-performance-across-yield-curve/"
  },
  "original_language": "en",
  "account": "The government's recent treasury bills auction saw a significant undersubscription of 16%, falling short of its target for the first time in weeks. The Bank of Ghana reported that the Treasury managed to accept only 70.5% of the total bids received, amounting to GH¢3.48 billion. The 91-day bill was the most popular, receiving over GH¢2.9 billion in bids, with only GH¢2.2 billion accepted. The 182-day bill garnered bids of about GH¢1.1 billion, of which GH¢692.30 million were accepted. For the 364-day bill, a little over GH¢1.1 billion in bids were received, with the Treasury accepting 587.61 million of them. On the yield curve, interest rates showed mixed performance. The yield on the 91-day bill rose by 2.0 basis points to 4.62%, while the 182-day bill's yield increased to 6.31% from 6.27% the previous week. However, the 364-day bill's yield dropped by 4.0 basis points to 9.71%.",
  "summary": "The Treasury received GH¢4.17 billion of the total bids but accepted GH¢3.48 billion.",
  "key_points": [
    "Government records 16% undersubscription in T-bills auction",
    "Bank of Ghana reports 70.5% acceptance of total bids",
    "Yield curve shows mixed performance across bill maturities"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "T-bills auction: Government records 16% undersubscription; interest rates register mixed performance across yield curve",
        "url": "https://urgent.news/2026/10/18/t-bills-auction-government-records-16-undersubscription-interest-15474540",
        "published": "2026-10-18T18:53:30.000Z"
      }
    ]
  },
  "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."
}