(JUBA) – The Bank of South Sudan (BoSS) has announced a public auction of 20 billion South Sudanese Pounds (SSP), equivalent to approximately $4.35 million US Dollars, through its Term Deposit Facility (TDF). The auction is aimed at eligible commercial banks operating in South Sudan, and is scheduled to take place on Wednesday, 16 July 2025.
In a public notice dated 14 July 2025, BoSS, through its Financial Markets Department, confirmed that the auctioned funds would earn interest based on the tenor selected and be repaid in full, principal plus interest, upon maturity. The auction is part of the bank’s ongoing monetary operations to regulate liquidity in the market and offer financial institutions safe investment opportunities.
According to the announcement, the bidding process will take place between 9:00 AM and 10:00 AM, either via email or the Refinitiv trading platform. The adjudication of bids will follow immediately between 10:00 AM and 11:00 AM.
The funds will be distributed across three different maturity periods (tenors), as illustrated below:
| Tenor Duration | Amount Allocated (SSP) | Amount Allocated (USD) | Maturity Date |
|---|---|---|---|
| 28 days | 10,000,000,000.00 SSP | $2.17 million | 13 August 2025 |
| 84 days | 6,000,000,000.00 SSP | $1.30 million | 8 October 2025 |
| 336 days | 4,000,000,000.00 SSP | $870,000 | 17 June 2026 |
The ceiling rate for interest earnings is capped below the Central Bank Rate, currently at 13%. Early termination of the deposit before maturity will attract a penalty of 25% on the accrued interest.
Banks not connected to the Refinitiv platform must submit their bids in authenticated form, compiled as a single PDF document. Interested institutions can collect the necessary application forms and guidelines from the BoSS Financial Markets Department’s Front Office during working hours or download them directly from the BoSS website at boss.gov.ss.
The process is supervised by Ms. Grace Araba Gordon, Director for the Financial Markets Department at BoSS, as part of efforts to enhance financial intermediation and ensure transparency in monetary operations.