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UEMOA financial market: Senegal receives 30.170 billion FCFA in treasury bonds

10/11/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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Following an award of 28-day treasury equivalent bonds (BAT), the General Directorate of Treasury and Public Accounts of Senegal received the sum of 30,170 from the UEMOA financial market billion FCFA. It was last Thursday, November 9.

Senegal wants to meet the financing needs of the state budget. To do this, the country auctioned an amount of 30 billion FCFA and ended up with overall tenders of 32.170 billion FCFA, representing a coverage rate of the amount put up for auction of 107.23%. The amount of accepted tenders was 30.170 billion FCFA and that rejected was 2 billion FCFA, representing an absorption rate of

93.78%.
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