Following a simultaneous auction of equivalent treasury bills (BAT) with a maturity of 91 and 364 days as well as comparable treasury bonds (OATs) with a maturity of 3 years, organized on 12 June 2025 at the level of the financial market of the West African Monetary Union (UMOA), the State of Niger through its Public Treasury At leav& A sum of 22.89 FCFA

The issuer had auctioned the sum of 25 billion FCFA. After auctions, the overall bids from investors amounted to 22.998 billion FCFA. This gives a coverage rate of 91.99% for the amount put up for auction.

The amount of tenders selected is 22.896 billion FCFA. This corresponds to an absorption rate of 99.56%

Investors whose submissions were successful will end up with a weighted average return of 9.69% for 91-day bonds, 10.82% for those with 364 good days, and 9.55% for bonds.

The State of Niger has undertaken to repay vouchers issued on the first working day following the due date set on September 11, 2025 and June 11, 2026 for those of 364 days on June 11, 2026. As for the payment of interest, it will be made in advance and deducted from their nominal value

Regarding the capital of the bonds, its repayment will take place on the first business day following the due date set at June 13, 2028. Interest is payable annually at a rate fixed at 6.30% from the end of the first