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Treasuries: Niger raises more than 12 billion CFA francs on the UEMOA financial market

05/08/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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Le jeudi 1 er août 2024, le Niger a levé la somme de 12.544 billion CFA francs on the UEMOA financial market. This was at the end of its issuance adjudication of 182 and 364-day treasury bills (BAT), in order to ensure the financing needs of its budget were covered

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The amount put up for auction by the issuer was 20 billion FCFA. adjudication However, the amount of global tenders was clearly below the expectations of the Niger Public Treasury because it was 12.544 billion CFA francs, i.e. a coverage rate of the amount put in of 62.72%. The issuer accepted all the bids made by investors, i.e. an absorption rate of 100%. The Niger Public Treasury intends to repay the bills on the first working day following the due date set at January 30, 2025 for 182-day bonds and July 31, 2025 for those of 364 days

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