Following a simultaneous auction of treasury bonds (BAT) and equivalent treasury bonds (OAT), the State of Niger raised, on June 22, 2023, on the West African Monetary Union (UMOA) financial market, an amount of 44 billion FCFA (70.400 million dollars). The country's objective is to ensure that the financing needs of its budget are covered.

The issuer auctioned 40 billion FCFA and received global bids of 59.009 billion FCFA. This gives an average coverage rate of the amount auctioned of 147.52%. The amount of the tenders selected was 44 billion FCFA and the rejected one was 15 billion FCFA. This corresponds to an absorption rate of 74.56%

Investors whose bids are successful will end up with a weighted average return of 8.14% for 182-day bills, 8.01% for 364-day bonds, and 7.16% for bonds. Vouchers are redeemable on the first business day following the due date of December 21, 2023 for securities with a duration of 182 days and on April 25, 2024 for those of 364 days. As for interest, it is payable in advance and deducted from the nominal value of