Results of Forex Forward Rates Auction No. 0060 Held on January 11, 2022

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BANK OF GHANA

RESULTS OF FOREX FORWARD RATES AUCTION NO.

0060/2022/001

HELD ON TUESDAY, JANUARY 11, 2022

RESULTS OF FX FORWARD RATES AUCTION 0060/2022/001

		BIDS SUBMITTEDBY BANKS			AUCTION DECISION
	NO. BIDS	PUBLIC	RANGEOF RATES ACCEPTED
TENOR	SUBMITTED	MIN	MAX	SUBMITTED	A EPTED	MIN	MAX	AMOUNTUS$ACCEPTED
7-DAY	58	6.0350	6.0950	125,300,000.00	20	6.0725	6.0850	40,500,000.00
15-DAY	50	6.0405	6.1050	73,000,000.00	17	6.0850	6.1000	23,000,000.00
30-DAY	32	6.0650	6.1247	33,500,000.00	10	6.1100	6.1247	8,750,000.00
45-DAY	4	6.0950	6.1100	3,250,000.00	3	6.1000	6.1100	2,750,000.00
60-DAY	0	-	-	-	0	-	-	-
75-DAY	0	-	-	-	0	-	-	-
TOTAL	144			235,050,000.00	50			75,000,000.00
Target Amount $			75,000,000.00
Bid Cover Ratio			3.13x
*Invalid Bids Submitted $		4,550,000.00

*Bids that did not meet the FX forward auction guidelines.

(SGD.)

SANDRA THOMPSON (MS)11TH JANUARY, 2022 THE SECRETARY