{
  "id": 3230318,
  "title": "Rising demand for T-bills to be sustained, yields to compress further",
  "url": "https://urgent.news/2026/08/25/rising-demand-for-t-bills-to-be-sustained-yields-to-compress-further",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-25T09:15:21.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/rising-demand-for-t-bills-to-be-sustained-yields-to-compress-further/"
  },
  "original_language": "en",
  "account": "Treasury bills demand is projected to remain robust in the near future due to further compression of yields, according to expert analysis. This follows a successful auction in which the government surpassed its target by 180% last week. The yield curve has seen a decline in yields, indicating growing investor interest in short-term securities.\n\nAnalysts attribute the strong demand to improved liquidity resulting from the Domestic Debt Exchange Programme (DDEP) coupon payment. Investors are increasingly moving towards the 364-day bill to secure attractive yields before any further yield compression occurs. Databank Research predicts that the supportive liquidity environment will maintain demand and maintain downward pressure on T-bill yields.\n\nLast week, investor demand for T-bills surged by 26.50% week-on-week to GH¢14.27 billion, surpassing the GH¢5.43 billion target by 162.89% oversubscription. The Treasury accepted GH¢5.85 billion, exceeding its target by 7.86%. This heightened demand pushed yields down further. The 91-day, 182-day, and 364-day rates decreased by 39, 19, and 91 basis points to 5.08%, 7.08%, and 11.59%, respectively.\n\nThe Treasury plans to raise GH¢5.15 billion through the issuance of 91-day, 182-day, and 364-day bills to cover maturing bills of GH¢5.08 billion.",
  "summary": "Last week, investor demand for T-bills strengthened further, with total bids rising 26.50% week-on-week to GH¢14.27 billion, against a GH¢5.43 billion target.",
  "key_points": [
    "Treasury bills demand to remain strong due to yield compression",
    "Investor interest in short-term securities surges 26.50% week-on-week",
    "Yields down 39, 19, and 91 basis points on 91-day, 182-day, and 364-day bills"
  ],
  "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."
}