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Treasury: Senegal obtains 55 billion FCFA from the UEMOA financial market

14/04/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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Le jeudi 13 avril 2023, la Direction générale du trésor et de la comptabilité publique a obtenu At the level of the UEMOA financial market, the sum of 55 billion CFA francs. This was at the end of a simultaneous auction of Treasury Bonds (BAT) with a maturity of 91 and 364 days as well as equivalent Treasury Bonds (OAT) of 3 years.

Le montant levé au niveau du marché financier de l' UEMOA au Sénégal est destinée à la couverture des besoins de financement du budget de The State of Senegal. The Treasury has 50 billion FCFA to tender and the total amount of bids is 83.632 billion FCFA, i.e. a coverage rate of 167.26% of the amount put on auction. The rejected submissions amount to 28.632 billion FCFA, giving an absorption rate of 65.76%. And those retained at 55 billion FCFA (composed exclusively of BAT). The vouchers issued are redeemable on the first business day following the due date of April 11, 2024.

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