UEMOA financial market: Benin raises nearly 16 billion CFA francs : Orishas-finance

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UEMOA financial market: Benin raises nearly 16 billion CFA francs

24/10/2024

Source : ORISHAS-FINANCE

Categories: Index/Markets

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UEMOA financial market: Benin raises nearly 16 billion CFA francs

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At the end of a new issue of Assimilable Treasury Bonds and Bonds (BAT and OAT) held on Thursday, October 17, the Beninese State raised nearly 16 billion CFA francs on the UEMOA financial market.

Benin requested 20 billion FCFA and only retained 15,938 billion FCFA. The total number of submissions is 24,688 billion FCFA. The rate of coverage of the amount awarded by the successful tenders is 123.44%. The marginal rate is 6.54%, 97, 01% and 95% respectively for the BAT (3654 days), the OAT (3 years) and the OAT (5 years). Submissions come from Benin, Ivory Coast, Ivory Coast, Togo, Senegal and Burkina-Faso

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