Approximately GHS 17 billion have been removed from the banking system through the last 14-day bill auction – BoG

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd

The Bank of Ghana has withdrawn approximately GHS 17 billion from the banking system through its latest 14-day bill auction, as part of ongoing open market operations (OMO) aimed at tightening liquidity conditions and reinforcing the disinflation path.

The liquidity sterilisation exercise follows a sustained moderation in price pressures, with headline inflation easing further to 3.2 percent at the end of March 2026.

Auction results indicate continued strong demand for the central bank’s short-term instruments, with bids submitted within a narrow range of 10.40 percent to 10.45 percent per annum.

All accepted bids were allotted within this band, reflecting a relatively stable rate environment.

Source: newsthemegh.com