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UEMOA financial market: Guinea-Bissau receives 16,500 billion FCFA

21/04/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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After a simultaneous auction of 182-day and 364-day Treasury Bonds (BAT) on Tuesday, April 18, 2023, Guinea-Bissau received the sum of 16.500 billion FCFA from the WAEMU financial market.

The issuer received global submissions from investors of 19.821 billion FCFA after auction while requesting 15 billion FCFA. That is, a coverage rate of 132.14% of the amount put up for auction. The amount of rejected bids amounts to 3.321 billion and the successful bids to 16.500 billion. Investors whose bids are successful will end up with a weighted average return of 7.03% for 182-day bills and 7.24% for 364-day

ones.
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