On Tuesday, January 24, 2023, at the end of a simultaneous auction of 12-month Treasury Bonds (BAT) and 36-month Treasury Equivalent Bonds (OAT), Guinea-Bissau cashed in on the WAEMU financial market the sum of 11.402 billion FCFA.

The issuer received global submissions from investors of 11.402 billion FCFA after auction while requesting 12.5 billion FCFA. That is, a coverage rate of 91.22% of the amount put up for auction. Indeed, the amount retained corresponds to all investor submissions, i.e. an absorption rate of 100%. Vouchers are redeemable on the first business day following the due date of January 23, 2024. On the other hand, interest is payable in advance and deducted from the nominal value of the vouchers.

In addition, the principal of the bonds will be repaid on the first business day following the due date of January 25, 2026. However, interest payments will be made annually at the fixed interest rate of 5.90% at the end of the first year.