To meet the financing needs of its budget, the State of NIGER raised the sum of 10.315 billion CFA francs on the UEMOA financial market on Thursday, February 6, 2025, following its simultaneous issuance of an auction of 182-day Treasury Bonds (BAT) and assimilable 3-year Treasury Bonds (OAT).

The total amount put up for auction was 25 billion FCFA, but the issuer only received cumulative bids of 10.315 billion FCFA, which represents an average coverage rate of 41.26% for the amount put up for auction. In a pragmatic approach, the issuer has chosen to retain all submissions from investors, thus applying the principle that, when you cannot get what you want, you must be content with what you have. This decision resulted in an absorption rate of 100% of submissions.

Note that investors whose proposals have been accepted will enjoy a weighted average return of 9.64% for bonds and 10.27% for bonds.