{
  "id": 18956206,
  "title": "T-bills auction: Government records 41% oversubscription; but yield on 91-day bill increases",
  "url": "https://urgent.news/2026/11/08/t-bills-auction-government-records-41-oversubscription-but-yield-on",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-08T14:55:34.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/t-bills-auction-government-records-41-oversubscription-but-yield-on-91-day-bill-increases/"
  },
  "original_language": "en",
  "account": "The government has exceeded its treasury bills target by a significant 41%, raising GH¢5.01 billion, as per the latest auction results from the Bank of Ghana. This follows the government's borrowing of approximately GH¢14 billion through short-term instruments in October 2026. The bids accepted by the government surpassed the targeted amount, with GH¢4.10 billion accepted, indicating an increase in demand for these securities. A substantial portion of the bids, about GH¢3.0 billion, came from the 91-day bill, accounting for 59% of the total bids. The 182-day bill also received bids of around GH¢1.6 billion, while the 364-day bill saw bids of approximately GH¢388.45 million. However, not all bids were accepted; only about GH¢2.9 billion from the 91-day bill, GH¢934.50 million from the 182-day bill, and GH¢243.15 million from the 364-day bill were accepted. This resulted in an overall oversubscription, with the total bids accepted amounting to GH¢4,106.65 billion, exceeding the initial target of GH¢3.543 billion.",
  "summary": "A little over GH¢3.0 billion of the bids came from the 91-day bill, representing 59% of the total bids. The uptake was about GH¢2.9 billion",
  "key_points": [
    "Government records 41% oversubscription in T-bill auction",
    "91-day bill yield increases despite high demand",
    "GH¢4.10 billion accepted, 41% over initial GH¢3.543 billion target"
  ],
  "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."
}