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UMOA financial market: The Senegal Public Treasury raises 44 billion FCFA

03/11/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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Following its targeted auction of equivalent treasury bonds (BAT) maturing one month, the Senegalese Public Treasury raised on 27 October 2023 on the West African Monetary Union (UMOA) financial market an amount of 44 billion FCFA (70.400 million) dollars).

L'émetteur a mis en adjudication 40 billion FCFA and obtained overall tenders of 49.984 billion FCFA, representing a coverage rate of 124.96% of the amount auctioned by tenders. The issuer retained 44 billion FCFA and rejected the remaining 5.984 billion FCFA, representing an absorption rate of 88.03%. As of October 26, 2023, the cumulative number of public bond issues carried out by the Senegalese authorities amounted to 1,065 billion FCFA according to data from UMOA-Titres

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