(JUBA) – The Bank of South Sudan (BoSS) has announced an open tender for a total of 20 billion South Sudan Pounds (SSP), equivalent to approximately 4.35 million US dollars, through its Term Deposit Facility (TDF) operation. The auction is set to take place on Wednesday, 13 August 2025, with both bidding and settlement scheduled for the same day.
The TDF is designed to allow participating banks to earn interest on deposited funds over a set period, referred to as the tenor. The funds will be repaid in full at maturity, including the principal and accrued interest.
According to the BoSS, the auction will be conducted in three tenors: 28 days, 84 days, and 336 days. The allocation for each tenor will be as follows:
| Tenor | Amount (SSP) | Amount (USD) | Maturity Date |
|---|---|---|---|
| 28 days | 10,000,000,000 SSP | $2,173,913 | 10 September 2025 |
| 84 days | 6,000,000,000 SSP | $1,304,348 | 5 November 2025 |
| 336 days | 4,000,000,000 SSP | $869,565 | 15 July 2026 |
The bidding process will open at 9:00 AM and close at 10:00 AM, with adjudication taking place between 10:00 AM and 11:00 AM. The ceiling interest rate for bids must be below the Central Bank Rate of 13 percent.
An early termination penalty of 25 percent will apply to accrued interest if a deposit is withdrawn before maturity.
Banks without access to the Refinitiv trading platform must submit bids by scanning authenticated application forms into a single PDF file and sending them to the BoSS via the official email addresses provided earlier.
Application forms and detailed guidelines for the Term Deposit Facility can be collected from the Front Office Division of the Financial Markets Department during working hours, or downloaded from the Bank of South Sudan’s official website.
The announcement was issued by Grace Araba Gordon, Director of the Financial Markets Department at the Bank of South Sudan headquarters in Juba.
