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Public Treasury: the DGCPT raises more than 40 billion FCFA in Senegal

01/07/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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At the end of its auction of assimilable treasury bills (BAT) lasting 91 and 182 days, the Directorate-General for Public Accounting and the Treasury (DGCPT) succeeded in raising this Friday, June 28, 2024 on the UEMOA financial market the sum of 40.139 billion FCFA

.

The State of Senegal intends to ensure that the financing needs of its budget are covered. The issuer had put in adjudication the sum of 40 billion FCFA. At the end of the operation, investors offered him global bids of 54.221 billion CFA francs, i.e. a coverage rate of 135.55%. The amount of tenders accepted is 40.139 billion FCFA and that rejected at 14.082 billion FCFA, corresponding to an absorption rate of 74.03%. The DGCPT undertakes to reimburse vouchers issued on the first working day following the due date set on September 29, 2024 for those of 91 days and on December 29, 2024 for those of

182 days.
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