The State of Senegal has successfully raised, through its Public Treasury, the sum of 164.999 billion CFA francs following a targeted auction of 364-day treasury bills and comparable 3- and 5-year treasury bonds. It was Thursday December 2024 on the UEMOA financial market

The State of Senegal wants to meet the financing needs of its budget. Thus, he put the sum of 150 billion CFA francs up for auction. In the end, UMOA-Titres, organizer of the operation, listed overall bids of 207.459 billion FCFA, i.e. a coverage rate of the amount put out to tender by the tenders of 138.31%. The amount of bids accepted by the issuer is 164.999 billion FCFA and that rejected at 42.460 billion FCFA. This corresponds to an absorption rate of 79.53%. Investors whose bids were selected will end up with a weighted average return of 7.38% for 364-day bonds, 7.52% for 3-year bonds and 7.60% for 5-year bonds. The vouchers will be refunded on the first business day following the due date of December 25, 2025