July 14th, 2022 at 12:04 pm
AUCTION TARGET CALENDAR FOR MUTIPLE-PRICE FOREIGN EXCHANGE FORWARD AUCTION JULY TO SEPTEMBER, 2022
Bank of Ghana announces for the information of all Authorised Foreign Exchange Dealing Banks the Auction Calendar for Foreign Exchange Auctions to be held in the third quarter of 2022.
In accordance with the Foreign Exchange Forward Auction Guidelines, bids are invited as per the prescribed format to purchase
United States dollars against Ghana cedis, separately on each auction date and should be submitted via the dedicated email bogforwards@bog.gov.gh
BANK OF GHANA FX FORWARD AUCTION CALENDAR THIRD QUARTER 2022
| Auction No. | Proposed Date | Proposed Amount (USDm) |
| Auction 0073 | 12/7/2022 | 25 |
| Auction 0074 | 26/7/2022 | 25 |
| Auction 0075 | 9/8/2022 | 25 |
| Auction 0076 | 23/8/2022 | 25 |
| Auction 0077 | 6/9/2022 | 25 |
| Auction 0078 | 20/9/2022 | 25 |
| Total | 150 |
The timelines for each auction would be as follows:
- Receipt of Bids – Between 9.30 a.m. and 10.30 a.m. on the date of auction
- Announcement of Results – 3 p.m. on the date of auction
Bank of Ghana will publish an auction calendar for the Foreign Exchange Forward Auction on quarterly basis.
The Competitive Multiple-priced Foreign Exchange Forward Auction will be governed by the guidelines published and available on the Bank of Ghana website.
SIGNED
SANDRA THOMPSON (MS)
THE SECRETARY
12TH JULY, 2022
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