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UEMOA financial market: Guinea-Bissau receives 16.203 billion CFA francs

22/01/2024
Source : ORISHAS FINANCE
Categories: Index/Markets

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At the end of a simultaneous auction of assimilable treasury bills (BAT) with a duration of 182 days and assimilable treasury bonds (OATs) of 3 years on Friday, January 19, the Guinean State cashed in at the market level financial of UEMOA the sum of 16.203 billion FCFA

.

The issuer requested 15 billion FCFA and after the auction obtained global bids from investors of 16.203 billion FCFA, i.e. a coverage rate of the amount put out for auction of 108.02%. The amount of successful bids corresponds to all bids, i.e. an absorption rate of 100%.

The repayment of the principal of the bonds will take place on the first business day following the due date set at January 22, 2027.

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