Benin Policy rate (BCEAO minimum bid rate)
Benin Policy rate (BCEAO minimum bid rate) is 3 percent, in force since 16 Mar 2026. Last checked against the official source on 10 Sep 2026.
Taux minimum de soumission aux appels d'offres d'injection de liquidite of the Banque Centrale des Etats de l'Afrique de l'Ouest (BCEAO) - the main refinancing rate for the whole West African Economic and Monetary Union (UEMOA/WAEMU), of which Benin is a member.
Compare policy interest rate across all 34 African countries →
| Current value | 3 percent |
|---|---|
| In force from | 2026-03-16 |
| Official source | BCEAO - Communique du Comite de Politique Monetaire, reunion ordinaire du 10 juin 2026 (rate held at 3.00%; the 25 bp cut effective 16 March 2026 was decided at the CPM of 4 March 2026) |
| Last verified | 2026-09-10 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Benin has no national policy rate: monetary policy is set union-wide by the BCEAO (HQ Dakar) for all 8 UEMOA members, so this value is identical to our Cote d'Ivoire and Senegal series (reconciled: 3.00% effective 2026-03-16 in all three). The CPM of 4 March 2026 cut the taux minimum de soumission from 3.25% to 3.00% and the guichet de pret marginal from 5.25% to 5.00%, effective 16 March 2026; reserve requirement unchanged at 3.0%. The CPM of 10 June 2026 (communique loaded: https://www.bceao.int/fr/communique-presse/reunion-ordinaire-du-comite-de-politique-monetaire-de-la-bceao-tenue-le-10-juin) held both rates, confirming levels 'en vigueur depuis le 16 mars 2026'. CPM meets quarterly (next ~September 2026). Access quirk: bceao.int /fr/actualites returns 404; use /fr/communique-presse/ paths.
Get it programmatically
curl https://afriref.dev/v1/bj/policy-rate
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://afriref.dev/v1/bj/policy-rate/history?from=2020-01-01
# Provenance: curl https://afriref.dev/provenance/bj/policy-rateOther Benin series: Value-added tax (TVA) standard rate · VAT registration threshold · Minimum wage (SMIG) · Public holidays · CPI inflation (IHPC, year-on-year) · Corporate income tax (IS) standard rate · Withholding tax rates · Statutory interest (taux de l'intérêt légal) · Personal income tax on salaries (ITS) · Statutory social-insurance contributions
The same figure elsewhere: Botswana · Burkina Faso · Cameroon · Central African Republic · Chad · all 34