BoG lowered interest rates by about 10% on its Bank of Ghana bills.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

The Central Bank has, over the past 12 days, reduced interest rates on its Bank of Ghana Bills by some 10%.

The Central Bank, in its recent auction of the Bank of Ghana Bills on July 14, 2025, accepted bids worth GH¢256.9 million at an interest rate of 17.9%, significantly lower than the Bank’s current monetary policy rate of 28%.

In its auction of BoG bills on July 9, 2025, the Central Bank raised approximately GH¢155 million at an interest rate of 23%. Some days prior, on July 7, the BoG secured GH¢825 million with an interest rate of 26.5%.

Source: newsthemegh.com