 has announced plans to auction 20 billion South Sudanese Pounds (SSP) to eligible commercial banks under its Term Deposit Facility Operation.){kind=link}
The Bank of South Sudan (BoSS) has announced plans to auction 20 billion South Sudanese Pounds (SSP) to eligible commercial banks under its Term Deposit Facility Operation.
According to the Central Bank, the auction is aimed at mopping up excess liquidity in the financial system while offering participating banks an opportunity to earn interest over the agreed tenor.
The Term Deposit Facility is one of the monetary policy tools used by BoSS to regulate liquidity, stabilize the exchange rate, and support overall macroeconomic stability in the country.
Further details regarding participation requirements, tenor duration, and interest rates are expected to be communicated directly to eligible banks.