(JUBA) – The Bank of South Sudan has announced its second Term Deposit Facility (TDF) auction in less than a month, inviting commercial banks to bid for a total of 20 billion South Sudanese Pounds (SSP), equivalent to about 4.35 million US dollars at the official exchange rate.
The auction will take place on Wednesday, 27 August 2025, with settlement scheduled for the same day. The Central Bank has invited commercial banks operating in South Sudan to submit their bids within the allocated time window. Principal and interest will be paid at maturity, in line with the terms of the facility.
According to the official notice issued by the Financial Markets Department, the facility is designed to give banks an opportunity to place funds with the Central Bank and earn interest over different maturities. The auction will be conducted below the Central Bank Rate of 13 percent, with an early termination penalty of 25 percent on accrued interest.
The 20 billion SSP is divided into three separate maturities, also known as tenors, as shown below:
| Tenor | Amount (SSP) | Equivalent (USD) | Maturity Date |
|---|---|---|---|
| 28 days | 10,000,000,000 SSP | 2.17 million USD | 24 September 2025 |
| 84 days | 6,000,000,000 SSP | 1.30 million USD | 19 November 2025 |
| 336 days | 4,000,000,000 SSP | 870,000 USD | 29 July 2026 |
Bidding will be open from 9:00 to 10:00 in the morning, either through Refinitiv or by email submission. Adjudication of bids will follow immediately between 10:00 and 11:00. Banks that do not use Refinitiv must ensure their submissions are authenticated and scanned into a single PDF document.
Application forms and detailed guidelines are available at the Bank of South Sudan’s Financial Markets Department during working hours or through its official website.
The Term Deposit Facility has become one of the tools the Central Bank uses to manage liquidity in the banking system, helping to stabilise inflationary pressures while offering banks a safe investment option.
The TDF is designed to provide banks with an opportunity to deposit surplus funds with the Central Bank for a fixed duration and earn interest. Both principal and accrued interest are repaid at maturity.