PHOTO: BoSS Portal
(JUBA) – The Bank of South Sudan (BoSS) has announced plans to auction a total of SSP 20 billion (approximately USD 4.35 million) to eligible banks through its Term Deposit Facility Operation. The auction will take place on Wednesday, August 13, 2025, with settlement scheduled for the same day.
The facility allows banks to place funds with the central bank for a fixed period in exchange for interest earnings, with the principal and interest paid at maturity. The operation will be divided into three separate tenors, each offering different durations and allocation amounts.
| Tenor Duration | Allocation (SSP) | Allocation (USD) | Maturity Date |
|---|---|---|---|
| 28 days | 10,000,000,000 | 2.17 million | 10 Sep 2025 |
| 84 days | 6,000,000,000 | 1.30 million | 5 Nov 2025 |
| 336 days | 4,000,000,000 | 0.87 million | 15 Jul 2026 |
The bidding process will run from 9:00 to 10:00 AM through email and the Refinitiv trading platform. Adjudication will follow from 10:00 to 11:00 AM.
BoSS has set the ceiling rate for the auction at a level below the Central Bank Rate of 13 percent. An early termination penalty equivalent to 25 percent of the accrued interest will apply to any withdrawal before maturity.
Banks without access to the Refinitiv platform are required to submit bids as authenticated scanned documents in a single PDF, sent to BoSS via the designated email addresses. Application forms and guidelines for the Term Deposit Facility are available at the Financial Markets Department’s Front Office during working hours or via the central bank’s website.
The announcement was made by Grace Araba Gordon, Director for Financial Markets at the Bank of South Sudan in Juba.
The initiative is part of the central bank’s ongoing efforts to manage liquidity in the financial system and provide banks with structured investment opportunities.
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