Guinea Bissau raised an amount of 11 billion CFA francs (18.700 million dollars) on the financial market of the West African Monetary Union (UMOA) on Thursday, October 3, 2024, after a simultaneous auction of assimilable treasury bills (BAT) with a maturity of 182 and 364 days as well as comparable treasury bonds (BAT) of maturity (182 and 364 days) as well as comparable treasury bonds (BAT) OAT) of 3 years.

The issuer had put the sum of 10 billion CFA francs up for auction. Investors offered him tenders of 14.861 billion FCFA. This gives a coverage rate of 148.61% for the amount put up for auction.

The amount of tenders selected was 11 billion FCFA (exclusively taken from 364-day vouchers) and that rejected 3.861 billion FCFA. This corresponds to an absorption rate of 74.02%

Investors whose bids were selected will end up with a weighted average return of 10.41%.

The Bissau-Guinean Public Treasury promises to repay the vouchers issued on the first working day following the due date set on October 2, 2025. As for the payment of interest, it will be made in advance and deducted from the nominal value of these vouchers