{
  "id": 17888426,
  "title": "T-bills auction: Government borrowed GH¢14bn in October 2026",
  "url": "https://urgent.news/2026/11/03/t-bills-auction-government-borrowed-gh-14bn-in-october-2026-17888426",
  "topic": "world",
  "section": "World",
  "published": "2026-11-03T01:29:50.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/t-bills-auction-government-borrowed-gh%c2%a214bn-in-october-2026/"
  },
  "original_language": "en",
  "account": "In October 2026, the government successfully borrowed GH¢14.97 billion through treasury bill auctions, falling short of its GH¢15 billion target by GH¢1.40 billion. Despite the oversubscription of 21.99%, the government accepted less than the requested amount. Investor demand for T-bills remained relatively high, with most targets being exceeded in the auctions. However, investor appetite cooled slightly in the final auction of the month, with bids dropping by 40.28% week-on-week to GH¢2.55 billion. The government managed to secure GH¢1.92 billion in subscriptions, 4.13% more than the targeted GH¢2.45 billion. The yields across tenors for the treasury bills decreased as well, with the 91-day, 182-day, and 364-day rates falling by 1.0 basis point, 3.0 basis points, and 7.0 basis points, respectively, to 4.60%, 6.26%, and 9.60%. The government is planning to raise an additional GH¢3.54 billion through the issuance of 91-day, 182-day, and 364-day bills this week, which will help cover the maturing bills of GH¢3.21 billion.",
  "summary": "Last week, investor appetite for T-bills moderated at October’s final auction, with total bids declining by 40.28% week-on-week to GH¢2.55bn.",
  "key_points": [],
  "editors_take": null,
  "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."
}