# Ghana Treasury bill auction trends

> Live situation record from CLSTR: https://clstr.news/situations/ghana-treasury-bill-auction-trends
> Updated: 2026-10-24T17:05:18.000Z. Sources: 2. Developments: 2.

In early October, Ghana's government exceeded its Treasury bill target by 30.52 percent, receiving bids totaling GH¢2.93 billion. While the Treasury accepted GH¢1.77 billion of those bids against a target of GH¢2.24 billion, yields for 91-day, 182-day, and 364-day bills showed decreases, with the 91-day yield declining to 4.64 percent.

By late October, the government continued to exercise pricing discipline by rejecting GH¢873.94 million in bids during an October 23 auction. Although investors tendered GH¢4.27 billion against a target of GH¢3.80 billion, the Treasury accepted only GH¢3.39 billion. This resulted in further declines in yields for 91-day, 182-day, and 364-day bills.

## Timeline

### 2026-10-24: Ghana and Kenya report mixed results in recent Treasury bill auctions

Ghana's government rejected GH¢873.94 million in Treasury bids to maintain pricing discipline, while Kenya's CBK saw a 57.9% drop in auction demand as yields declined.

2 sources. https://clstr.news/cluster/ghana-and-kenya-report-mixed-results-in-recent-treasury-bill-auctions

### 2026-10-06: Oman and Ghana report latest Treasury bill auction results

Oman issued $51.2 million in Treasury bills with a focus on 91-day maturities, while Ghana's government exceeded its debt auction target despite softening demand and declining yields.

6 sources. https://clstr.news/cluster/oman-and-ghana-report-latest-treasury-bill-auction-results

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Cite as: Ghana Treasury bill auction trends. CLSTR, https://clstr.news/situations/ghana-treasury-bill-auction-trends