The Bank of Ghana (BoG) has raised GH¢3.95 billion through the issuance of its 56-day bills, auctioned on Wednesday, October 8, 2025.

The short-term instruments cleared at an interest rate of 21.4 percent and form part of the Central Bank’s strategic measures to manage liquidity and maintain monetary stability within the domestic financial system.

While specific bid amounts from primary dealers and targeted issuance volumes were not publicly disclosed, the auction underscores the BoG’s continued reliance on Central Bank bills as a core tool within its Open Market Operations (OMO) framework.

These instruments are used to regulate the money supply, contain inflation, and stabilise short-term interest rates in line with the Bank’s monetary policy objectives.

BoG raises GH¢4.91 billion in 56-day bill auction

Proceeds from the auction are expected to absorb excess liquidity in the banking sector, helping to mitigate inflationary pressures and reinforce the stability of the Ghanaian cedi. The funds will also serve as a source of short-term financing support for the government.

SP/MA

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