{
  "id": 16539784,
  "title": "T-bills auction: Government exceeds target; 91-day and 182-day yield decline",
  "url": "https://urgent.news/2026/10/26/t-bills-auction-government-exceeds-target-91-day-and-182-day-yield",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-26T01:01:15.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/t-bills-auction-government-exceeds-target-91-day-and-182-day-yield-decline/"
  },
  "original_language": "en",
  "account": "The government successfully surpassed its target by approximately 12% in the latest treasury bills auction. In the final quarter of 2026, the government aims to raise GHȼ15.3 billion. A total of GH¢4.26 billion in bids were received from investors, but only GH¢3.9 billion was accepted.\n\nThe majority of the bids were for the 91-day bill, which garnered a little over GH¢2.8 billion, accounting for 67% of the total bids. The 182-day bill received about GH¢533.28 million in bids, while the 364-day bill drew GH¢873 million in bids. For the 91-day bill, the acceptance rate was GH¢2.51 billion, while for the 182-day bill, it was GH¢420 million. The 364-day bill saw an acceptance rate of GH¢420.24 million.\n\nInterestingly, interest rates on the treasury bills saw a decline at the shorter end of the yield curve and an increase at the longer end. The yield on the 91-day bill decreased by one basis point to 4.61%. Similarly, the yield on the 182-day bill also fell by one basis point to 6.27%. However, the yield on the 364-day bill surged by four basis points to 9.75%.",
  "summary": "The government received total bids of GH¢4.26 billion from the investors, but accepted GH¢3.9 billion.",
  "key_points": [
    "Government exceeds target by 12% in T-bills auction",
    "91-day bill yield declines by one basis point to 4.61%",
    "364-day bill yield rises by four basis points to 9.75%"
  ],
  "editors_take": "Strong investor demand for short-term debt allows the government to exceed its funding targets while signaling a shift toward higher borrowing costs for longer-term obligations.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}