Bank of Ghana allots GH₵12.14bn in 14-day bills at ~10.50% (Tender 876)
On 26 August 2026 the Bank of Ghana allotted GH₵12,141.86 million of 14-day central bank bills (Tender 876). Accepted bids ranged 10.40–10.46% with a weighted average discount rate of 10.45% and an equivalent weighted average interest rate of 10.50%.
The desk brief
On 26 August 2026 the Bank of Ghana allotted GH₵12,141.86 million of 14-day central bank bills (Tender 876). Accepted bids ranged 10.40–10.46% with a weighted average discount rate of 10.45% and an equivalent weighted average interest rate of 10.50%.
Short-dated BoG bills influence the very short end of Ghana's cedi-denominated curve by providing an alternative parking place for bank liquidity. The net system liquidity effect depends on concurrent maturities of existing BoG bills, government cash flows and FX operations; gross issuance alone does not prove a net drain or injection into banking system reserves.
Compare this allotment with maturing BoG bills and the next weekly tender results to gauge net liquidity impact.
Sources & verification
Developing storyFurther independent confirmation is required.
- Bank of Ghana Sells GH¢12.14bn in 14-Day Bills as Markets Track Liquidity Conditionssweetfmonline.comSource published (opens in a new tab)
- Results of Tender 876 Held On 26 August 2026bog.gov.gh (opens in a new tab)
Public references supporting this brief.
Price Discovery
Ghana sovereign curve
Latest server-calculated mid yield by maturity. Points are observed Price Discovery levels, not an interpolated valuation curve.
- Ghana 29Jul 202997.0007.438%
- Ghana 30Jan 203088.7507.374%
- Ghana 35Jul 203588.1258.224%
- Ghana 37Jan 203754.6258.460%
Indicative levels only. Full bid/ask context and trading actions remain inside MSA Trader.
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