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Treasury bills and bonds: Guinea-Bissau receives 7.642 billion FCFA

06/12/2024
Source : ORISHAS FINANCE
Categories: Index/Markets

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A la fin de son émission simultaneous auction of assimilable treasury bills (BAT) with a duration of 91 days, 343 days and equivalent treasury bonds (OATs) of 3 years organized at the level of the UEMOA financial market, The Guinean state collected on Tuesday, December 3, the sum of 7.642 billion FCFA

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The issuer requested 9.830 billion FCFA. These funds are intended to ensure the coverage of the financing needs of the Bissau-Guinean state budget. The State received global submissions from investors of 7.642 billion CFA francs. This gives a coverage rate of 77.75% for the amount put up for auction. All investor submissions were accepted by the issuer. This gives an absorption rate of 100%. Vouchers will be refunded on the first business day following the due date of March 4, 2025 for those with 91 days and November 11, 2025 for those with 343 days

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