MORONI, Comoros — The Central Bank of Comoros (BCC) has withdrawn 10.5 billion Comorian francs from the country’s money market in its latest liquidity-management operation.

The operation was conducted through competitive tenders for fixed-term deposits, as part of the central bank’s monetary policy measures. The BCC received three bids from three financial institutions, with the total accepted amount reaching 10.5 billion francs.

The central bank had set a maximum absorption level of 15 billion francs, meaning the accepted amount remained below the available ceiling.

The weighted average rate on accepted bids was 1.95%, while the marginal rate stood at 2%.

The operation highlights the central bank’s continued efforts to manage liquidity and maintain stability in Comoros’ financial system.

For banks and businesses, monetary-policy decisions such as these can influence liquidity conditions and the wider availability and cost of financing.

The latest move comes as Comoros continues efforts to strengthen its financial infrastructure and support economic activity.