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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOn Thursday, May 4, 2023, the Beninese State raised an amount of 38.500 billion FCFA on the UEMOA financial market. This was at the end of a simultaneous auction of Treasury Bonds (BAT) with a maturity of 182 and 364 days and equivalent Treasury Bonds (OAT)
with a 3-year maturity.The issuer auctioned 35 billion FCFA according to UMOA-Securities organizing the operation. He was offered bids of 50.419 billion FCFA after the auction, giving a coverage rate of 144.06% of the amount put up for auction. The amount of the successful bids is 38.500 billion FCFA and the one rejected at 11.919 billion FCFA, representing an absorption rate of 76.36%. Benin undertakes to repay the 182-day bonds on the first business day following the due date of November 2, 2023 and May 5, 2026 for the bonds
.
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