The Bank of Ghana has raised GH¢9.08 billion through the issuance of its BoG Bills, marking the highest amount mobilised through the instrument so far in 2025.
The auction, held on Monday, April 28, 2025, saw the Central Bank issue bills with a maturity period of 56 days at an interest rate of 27.9 percent, marginally lower by 0.1 percentage points compared to the current monetary policy rate of 28 percent.
According to the auction report released by the BoG, the total value of bids submitted by primary dealers and the target amount for the auction were not disclosed.
BoG Bills, issued as part of the Central Bank’s Open Market Operations (OMO), are a key monetary policy tool aimed at regulating liquidity within the banking system.
Through the sale of short-term securities on the primary market, the Central Bank manages money supply to maintain macroeconomic stability.
The interest rate on BoG Bills remains a critical indicator of the Bank’s monetary policy stance, influencing broader interest rate movements across the economy.
SP/MA
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