{
  "id": 15474540,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-18T18:53:30.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "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 treasury bill auction fell short of its target, with demand for these short-term debt instruments dropping 16% short of expectations. The Treasury only secured GH¢3.48 billion from the GH¢4.17 billion it hoped to raise. The overwhelming majority of bids, over 70%, came from the 91-day bill, totaling just under GH¢2.9 billion. The 182-day bill received around GH¢1.1 billion in bids, while the 364-day bill saw slightly more than that.\n\nDespite the reduced demand, interest rates on the auctioned bills showed a mixed performance. The yield on the 91-day bill rose by 2.0 basis points to 4.62%. The 182-day bill's yield also increased, climbing from 6.27% to 6.31%. However, the yield on the 364-day bill fell 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": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Joy Business",
        "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",
        "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."
}