The State of Senegal, through its Public Treasury, raised on Friday, October 25, 2024 on the financial market of the West African Monetary Union (UMOA) an amount of 29.520 billion FCFA (or 50.184 million dollars) on Friday, October 25, 2024, an amount of 29.520 billion CFA francs (or 50.184 million dollars) following a simultaneous issuance of a targeted auction of treasury bills (BAT). ) with a maturity of 364 days and equivalent treasury bonds (OATs) of 3 and 5 years

This amount is intended to cover the financing needs of the State budget of Senegal. To do this, the DGTCP had put 30 billion CFA francs up for auction. The total amount of bids is 31.520 billion FCFA. This gives a coverage rate of 105.07% for the amount put up for auction.

The successful submissions amount to 29.520 billion FCFA and those rejected to 2 billion FCFA. This gives an absorption rate of 93.65%

Investors whose submissions were successful will end up with a weighted average return of 7.42% for BAT, 7.90% for 3-year OATs and 7.85% for 5-year OATs.

The issuer has committed to repay the vouchers on the first business day following the due date of October 28, 2025. However, interest is payable in advance and deducted from the nominal value of these vouchers

The repayment of the principal of the bonds will take place on the first business day following the maturity date set at October 28, 2027 for those with a term of 3 years and on October 28, 2029 for those with a term of 3 years and October 28, 2029 for those of 5 years. Concerning the payment of interest, it will be made annually at the rate of 6.30% for 3-year bonds and 6.45% for 5-year bonds, starting at the end of the first