The Senegal Public Treasury raised on Friday, February 14, 2024 on the financial market of the West African Monetary Union (UMOA) an amount of 33 billion FCFA (52,800 million dollars) following a simultaneous issuance of an auction of assimilable treasury bills (BAT) with a maturity of 12 months and similar bonds of the treasury (OAT) for 3 years.

This amount is intended to cover the financing needs of the State budget of Senegal. To do this, the Public Treasury had put 30 billion CFA francs up for auction. The total amount of bids is 52.979 billion FCFA. This gives a coverage rate of 176.60% for the amount put up for auction.

The successful submissions amount to 33 billion FCFA and those rejected to 19.979 billion FCFA. This gives an absorption rate of 62.29%

Investors whose submissions were successful will end up with a weighted average return of 7.21% for bonds and 7.93% for bonds.

Vouchers issued are refundable on the first business day following the due date of February 15, 2026. Interest is payable in advance and deducted from the nominal value of these

Regarding the repayment of the principal of the bonds, it will also take place on the first business day following the due date set at February 17, 2028. Interest will be paid annually based on the fixed interest rate of 6.30% from the end of the first year