The State of Senegal, through its Public Treasury, collected on Friday, January 31, 2025 on the financial market of the West African Monetary Union (UMOA) the sum of 55 billion FCFA following its issuance of a targeted auction of 364-day treasury bills (BAT) and assimilable treasury bonds (OAT) of 3 and 5 years.

With the raising of 55 billion FCA in Treasury bonds and bonds, Senegal has new financing to meet its budgetary needs. The State of Senegal successfully raised another significant amount of funds on the UEMOA regional financial market on January 31. The operation made it possible to mobilize 55 billion CFA francs through the issuance of bonds and Treasury bonds

In total, the Senegalese Treasury had initially put 50 billion CFA francs up for auction, including 12.5 billion in the form of non-competitive offers. Strong demand from investors resulted in a global amount of bids reaching 92.4 billion CFA francs, i.e. a coverage rate of 184.88% of the initial

Among the securities issued are 364-day Treasury bills, 3-year and 5-year Treasury equivalent bonds (OATs). The subscriptions retained amounted to 11.3 billion, 43.7 billion and 0 million FCFA respectively, for absorption rates of 55.34%, 71.39%

The weighted average returns were 7.34% for 1-year vouchers, 7.92% for 3-year OATs, and 0% for 5-year OATs. The marginal rate reached 6.90% for 1-year bonds and 95.75% for 3-year OATs