{"id":14038,"date":"2025-11-03T09:58:58","date_gmt":"2025-11-03T09:58:58","guid":{"rendered":"https:\/\/www.fishfmonline.com\/?p=14038"},"modified":"2025-11-03T09:58:58","modified_gmt":"2025-11-03T09:58:58","slug":"govt-misses-t-bill-target-by-13-as-yields-edge-up-across-tenors","status":"publish","type":"post","link":"https:\/\/www.fishfmonline.com\/?p=14038","title":{"rendered":"Govt misses T-Bill target by 13% as yields edge up across tenors"},"content":{"rendered":"<p>Last week, the government missed its Treasury bills target by 13%, securing GH\u00a24.61 billion against the intended GH\u00a25.32 billion. Data from the Bank of Ghana indicates that, as in previous weeks, all bids tendered were fully accepted.<\/p>\n<p>A closer look at the auction shows that the 91-day bill attracted the bulk of subscriptions, recording GH\u00a23.75 billion in bids. The 182-day bill followed with GH\u00a2567 million, while the 364-day bill drew GH\u00a2309 million.<\/p>\n<div class=\"google-auto-placed ap_container\"><ins class=\"adsbygoogle adsbygoogle-noablate\" data-ad-format=\"auto\" data-ad-client=\"ca-pub-6034552436546687\" data-adsbygoogle-status=\"done\" data-ad-status=\"filled\"><\/p>\n<div id=\"aswift_2_host\"><iframe loading=\"lazy\" id=\"aswift_2\" tabindex=\"0\" title=\"Advertisement\" src=\"https:\/\/googleads.g.doubleclick.net\/pagead\/ads?gdpr=0&amp;client=ca-pub-6034552436546687&amp;output=html&amp;h=360&amp;adk=508241390&amp;adf=3002841736&amp;pi=t.aa~a.2067693828~i.1~rp.4&amp;w=360&amp;lmt=1762163535&amp;rafmt=1&amp;armr=3&amp;sem=mc&amp;pwprc=4282796847&amp;ad_type=text_image&amp;format=360x360&amp;url=https%3A%2F%2Fcitinewsroom.com%2F2025%2F11%2Fgovt-misses-t-bill-target-by-13-as-yields-edge-up-across-tenors%2F&amp;fwr=1&amp;pra=3&amp;rh=275&amp;rw=330&amp;rpe=1&amp;resp_fmts=3&amp;sfro=1&amp;wgl=1&amp;aieuf=1&amp;aicrs=1&amp;fa=27&amp;uach=WyJBbmRyb2lkIiwiMTMuMC4wIiwiIiwiaXRlbCBBNjY1TCIsIjk2LjAuMjI1NC43OTc3NyIsbnVsbCwxLG51bGwsIiIsW1siT3BlcmEgTWluaSBBbmRyb2lkIiwiOTYuMC4yMjU0Ljc5Nzc3Il0sWyJBbmRyb2lkIFdlYlZpZXciLCIxNDEuMC43MzkwLjEyMiJdLFsiTm90P0FfQnJhbmQiLCI4LjAuMC4wIl0sWyJDaHJvbWl1bSIsIjE0MS4wLjczOTAuMTIyIl1dLDBd&amp;abgtt=6&amp;dt=1762163533414&amp;bpp=18&amp;bdt=15801&amp;idt=-M&amp;shv=r20251029&amp;mjsv=m202510280101&amp;ptt=9&amp;saldr=aa&amp;abxe=1&amp;cookie=ID%3D3399b563fb5e7c89%3AT%3D1759607268%3ART%3D1762163477%3AS%3DALNI_MZHkqIOE8HvsfdW3J8PF-3EfJ8u2w&amp;eo_id_str=ID%3D5cf64e6d8f551753%3AT%3D1757493414%3ART%3D1762163477%3AS%3DAA-AfjYYr-F5DbBqszTDEBKZZdsD&amp;prev_fmts=0x0%2C360x360&amp;nras=2&amp;correlator=5961635228210&amp;frm=20&amp;pv=1&amp;u_tz=0&amp;u_his=6&amp;u_h=806&amp;u_w=360&amp;u_ah=806&amp;u_aw=360&amp;u_cd=24&amp;u_sd=2&amp;dmc=2&amp;adx=0&amp;ady=1369&amp;biw=360&amp;bih=665&amp;scr_x=0&amp;scr_y=448&amp;eid=31095514%2C31095563%2C31095564%2C31095567%2C95375933%2C95376113%2C95376119&amp;oid=2&amp;psts=AOrYGsniFrFdSQwveMy8YeW2X7Dxj3xNC_jTvLFN277YwKZ5NYQfWTD20VTaL5rIEl180hC3QXP1rAbRv-QEK5Ry87GNo6kncif6XvxzLB2rR3Gv&amp;pvsid=3414561841359034&amp;tmod=1209905676&amp;uas=3&amp;nvt=1&amp;scar=0&amp;ref=https%3A%2F%2Fcitinewsroom.com%2F&amp;fc=1408&amp;brdim=0%2C0%2C0%2C0%2C360%2C0%2C360%2C665%2C360%2C665&amp;vis=1&amp;rsz=%7C%7Cs%7C&amp;abl=NS&amp;fu=128&amp;bc=31&amp;bz=1&amp;psd=W251bGwsbnVsbCxudWxsLDNd&amp;nt=1&amp;pgls=CAEQBBoHMS4xNjQuMA..~CAEQBRoGMy4zMi41~CAEQBg..&amp;bisch=0&amp;blev=0.8&amp;num_ads=1&amp;ifi=3&amp;uci=a!3&amp;btvi=1&amp;fsb=1&amp;dtd=1783\" name=\"aswift_2\" width=\"360\" height=\"360\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" sandbox=\"allow-forms allow-popups allow-popups-to-escape-sandbox allow-same-origin allow-scripts allow-top-navigation-by-user-activation\" data-google-container-id=\"a!3\" aria-label=\"Advertisement\" data-google-query-id=\"CMWThN3a1ZADFQLIOwIdKzcbWA\" data-load-complete=\"true\" data-mce-fragment=\"1\"><\/iframe><\/div>\n<p><\/ins><\/div>\n<p>Market analysts suggest the Treasury\u2019s financing requirements may have reached their peak, leading to a strategic pivot \u2014 placing greater emphasis on meeting funding targets rather than containing yields.<\/p>\n<p>This could explain the continued full acceptance of bids despite modest increases in interest rates.<\/p>\n<div class=\"jeg_ad jeg_ad_article jnews_content_inline_2_ads  \">\n<div class=\"ads-wrapper align-center \">\n<div class=\"ads_shortcode\">\n<div class=\"a-single a-10\"><a class=\"gofollow\" href=\"https:\/\/www.vallexlease.com\/\" data-track=\"MTAsMCw2MA==\"><img loading=\"lazy\" decoding=\"async\" class=\"entered litespeed-loaded\" src=\"https:\/\/citinewsroom.com\/wp-content\/uploads\/2025\/08\/VL-970x250-1.png\" width=\"970\" height=\"250\" data-lazyloaded=\"1\" data-src=\"https:\/\/citinewsroom.com\/wp-content\/uploads\/2025\/08\/VL-970x250-1.png\" data-pin-no-hover=\"true\" data-ll-status=\"loaded\" \/><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Yields edged up slightly across all tenors, with the 91-day bill gaining 14 basis points to 10.81%, the 182-day rising 3 basis points to 12.49%, and the 364-day inching up 8 basis points to 12.95%.<\/p>\n<p>Looking ahead, the government has set a higher target of GH\u00a26.83 billion for the next auction.<\/p>\n<div class=\"jeg_post_tags\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Last week, the government missed its Treasury bills target by 13%, securing GH\u00a24.61 billion against the intended GH\u00a25.32 billion. Data from the Bank of Ghana indicates that, as in previous weeks, all bids tendered were fully accepted. A closer look at the auction shows that the 91-day bill attracted the bulk of subscriptions, recording GH\u00a23.75 [&hellip;]<\/p>\n","protected":false},"author":123457,"featured_media":14039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[9,3525,41],"tags":[2249,3759,3856],"class_list":["post-14038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-economy","category-general-news","tag-economy","tag-ghana-news","tag-t-bill"],"_links":{"self":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/14038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/users\/123457"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14038"}],"version-history":[{"count":1,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/14038\/revisions"}],"predecessor-version":[{"id":14040,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/14038\/revisions\/14040"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=\/wp\/v2\/media\/14039"}],"wp:attachment":[{"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fishfmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}