The Bank of Ghana took in GH¢21.41 billion within a single week through short-term bills, modernghana.com reported on Saturday.
The operation, reported on September 19, 2026, saw the central bank mop up that amount from the market using short-dated securities. The report did not break down the figure by tenor or by the individual instruments involved.
Short-term bill auctions are a routine tool the central bank uses to manage how much money is circulating in the economy. By selling bills, the Bank of Ghana draws cash out of the banking system and holds it for the life of the security. The approach is commonly used to influence short-term interest rates and to keep liquidity in check.
According to modernghana.com, the GH¢21.41 billion was absorbed over the course of one week, making it a notable volume of liquidity pulled from the market in that window. The report did not state the auction dates within the week or the rates at which the bills were issued.
The publication also did not indicate whether the absorption was above or below the central bank's target for the period, or how it compares with previous weeks.
What to watch next: whether the Bank of Ghana sustains this pace of absorption in the coming weeks, and how the mop-up affects money market rates and the cedi.