Benin policy interest rate
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.
| Current value | 3 percent |
|---|---|
| In force from | 2026-03-16 |
| Official source | BCEAO - Communique du Comite de Politique Monetaire, reunion ordinaire du 4 mars 2026 (cut of 25 bp to 3.00% effective 16 March 2026); held at the reunion of 10 June 2026 |
| Last verified | 2026-07-20 |
| 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
# $0.001 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: VAT rate · minimum wage · public holidays · inflation rate (CPI) · corporate tax rate · income tax rates