BoG Raises GHS 4.41 Billion in Latest BoG 56-Day Bill Auction at Near 28% Yield
The Bank of Ghana (BoG) successfully raised GHS 4.41 billion in its latest short-term debt issuance, according to results from Tender 816 held on Monday, June 30, 2025.
The 56-day BoG bill was auctioned at a marginally narrow range of bid and allotment discount rates, coming in between 26.84% and 26.84% per annum.
These were fully allotted, with the weighted average discount rate settling at 26.84%.
In effective interest rate terms, yields ranged between 27.99% and 28%, translating to a weighted average interest rate of 27.99%, underscoring the continued elevated cost of short-term borrowing for the central bank.
The latest sale adds to a string of high-yielding issuances by the BoG as it maintains a tight policy stance to tame inflation and stabilise the cedi.
