WAEMU financial market: Niger raises CFAF 44 billion in support and resilience bonds : Orishas-finance

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WAEMU financial market: Niger raises CFAF 44 billion in support and resilience bonds

12/08/2022

Categories: Index/Markets

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WAEMU financial market: Niger raises CFAF 44 billion in support and resilience bonds

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After issuing support and resilience vouchers lasting 364 days, Niger raised 44 euros on the UEMOA financial market on 11 August 2022 billions of FCFA.

UMOA-Titres has registered 69,600 billion FCFA in global submissions made by investors. The amount put up for auction by the issuer was 40 billion FCFA. This gives a coverage rate for the amount put up for auction of 174.00%. The winning bids amounted to 44 billion FCFA and the rejected to 25,600 billion FCFA. This gives an absorption rate of 63.22%. Investors whose bids were successful will end up with a weighted average return of 3.32%.

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