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UEMOA financial market: Niger raises 10.125 billion CFA francs

10/09/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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Au terme de son émission simultanée d' award vouchers equivalent to 182-day treasury bonds (BAT) and 3-year treasury bonds (OAT) on Thursday, September 5, 2024, Niger obtained the sum of 10.125 billion CFA francs at the level of

the UEMOA financial market.

The issuer has tendered a sum of 20 billion FCFA to ensure the coverage of its financing needs from its budget. In return, it received global submissions of 11.419 billion FCFA. This gives a coverage rate of the amount put in adjudication of 57.10%. The amount of tenders accepted was 10.125 billion and that rejected was 1.294 billion. The absorption rate is 88.67%. Investors whose bids were successful will end up with a weighted average return of 9.34%

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