Benin Policy rate (BCEAO minimum bid rate)
Benin Policy rate (BCEAO minimum bid rate) is 3 percent, in force since 16 Mar 2026, cited to BCEAO, Communiqué de presse n°03/2026 de la réunion ordinaire du Comité de Politique. Last checked against the official source on 29 Oct 2026.
Official source: BCEAO, Communiqué de presse n°03/2026 de la réunion ordinaire du Comité de Politique Monétaire tenue le 9 · Last checked 2026-10-29 · source fingerprint
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, Communiqué de presse n°03/2026 de la réunion ordinaire du Comité de Politique Monétaire tenue le 9 septembre 2026: principal taux directeur maintenu à 3,00% (guichet de prêt marginal 5,00%), niveaux en vigueur depuis le 16 mars 2026 |
| Last verified | 2026-10-29 |
| 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. Latest-decision check 2026-10-09: the CPM of 9 September 2026 held the principal policy rate at 3,00% (in force since 16 March 2026); citation moved from https://www.bceao.int/fr/communique-presse/reunion-ordinaire-du-comite-de-politique-monetaire-de-la-bceao-tenue-le-10-juin to that latest decision. Value and effective_from unchanged.
Get it programmatically
curl https://afriref.dev/v1/bj/policy-rate
# $0.003 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-rateEmail me when this changes
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Other 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