Niger raises an amount of 38.500 billion FCFA at the level of the WAEMU financial market. This fund will be used to finance its budget.

The State of Niger raised on February 24, 2022 at the level of the WAEMU financial market an amount of 38.500 billion FCFA following an issue of 5-year Treasury bonds (OAT). The total amount put up for auction is 35 billion FCFA. In response to this solicitation, investors bid for a total amount of 114.836 billion FCFA. This gives a rate of coverage of the amount auctioned of 328.11%. After adjudication, the amount of accepted bids amounted to 38.5 billion FCFA and that rejected to 76.336 billion FCFA remaining. This gives an absorption rate of 33.53%.