{
  "id": 18958873,
  "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-18958873",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-08T14:55:34.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "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's recent auction of treasury bills exceeded its target by a significant margin - by 41% - amassing GH¢5.01 billion in bids, as reported by the Bank of Ghana. This follows the government's borrowing of approximately GH¢14 billion through short-term instruments in October 2026.\n\nThe government managed to secure GH¢4.10 billion in bids, which surpassed the targeted amount. About GH¢3.0 billion of these bids were for the 91-day bill, accounting for 59% of the total bids. The remaining GH¢2.9 billion of the bids were for the 182-day bill. However, only GH¢934.50 million of the bids for the 182-day bill were accepted, while above GH¢243.15 million of the bids for the 364-day bill were accepted.\n\nInterestingly, the yield on the 91-day bill rose by 2.0 basis points to 4.56% due to the increased demand. Conversely, the yield on the 182-day bill fell to 6.20% from the previous week's 6.26%. Additionally, the yield on the 364-day bill decreased by 12.0 basis points to 9.48%.",
  "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": [],
  "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."
}