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Support and Resilience Bonds: Senegal raises CFAF 50.555 billion

09/05/2022
Categories: Index/Markets

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South Senegal, through its General Directorate of Public Accounting and Treasury, raised the sum of 50.555 billion FCFA on Friday, May 6, 2022 on the WAEMU financial market. This was at the end of a 364-day support and resilience voucher (BSR) issue.

 

The amount put up for auction by the issuer amounted to 55 billion FCFA. This gives a coverage rate of the amount put out to tender of 111.93%. The amount of successful bids amounts to CFAF 50.555 billion and the rejected one to the remaining CFAF 11.004 billion. This gives an absorption rate of 82.12%. Investors whose bids have been selected will end up with a weighted average return of 2.78%.

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