Niger, through its Public Treasury, organized a simultaneous auction of 364-day treasury bills (BAT) and 3-year equivalent treasury bonds (OATs) on Thursday, February 20, 2025. In the end, he obtained from investors operating on the financial market of the West African Monetary Union (UMOA) an amount of 27.499 billion FCFA.

The amount put up for auction was 25 billion FCFA. The issuer had global bids of 31.134 billion FCFA. This corresponds to an average coverage rate of 124.54% for the amount put up for auction.

The amount of tenders accepted was 27.499 billion FCFA and that rejected was 3.635 billion FCFA. This gives an absorption rate of 88.32%

Investors whose submissions were successful will end up with a weighted average return of 10.38% for bonds and 10.28% for bonds.

The Niger Public Treasury promises to repay the vouchers on the first working day following the due date set on February 19, 2026. Interest will be paid in advance and deducted from the nominal value of these vouchers

As for the repayment of bonds, it is scheduled for the first business day following the due date set on February 21, 2028. Interest has been set at 6.30% and will be paid annually at the end of the first year