The Bank of Ghana (BoG) has raised GH¢15.28 billion from the financial system through its 14-day bill auction, as part of ongoing Open Market Operations (OMO) aimed at tightening liquidity and containing inflation.

Data from the BoG’s September 2025 Monthly Statistical Report indicate that the total money supply in the economy stood at GH¢353 billion.

According to official auction results, bids were submitted at interest rates ranging from 11.88% to 11.94% per annum, with all successful bids allotted within this range. The auction settled at a weighted average yield of 11.99% per annum.

Money supply refers to the overall stock of money in an economy, including physical currency and highly liquid financial assets such as bank deposits and money market instruments.

The latest liquidity absorption comes amid easing inflation, which slowed to 3.6% at the end of January 2026. The size of funds withdrawn through the 14-day bill reflects continued investor demand for short-term central bank securities.