Niger released 38.5 billion CFA francs on the UEMOA financial market following a 91-day issue of treasury bills (BAT) on Thursday 25 August 2022.

Of an amount put up for auction of 35 billion FCFA, Niger's public treasury received global bids from investors in the amount of 47,700 billion FCFA. This gives a coverage rate for the amount put up for tender of 136.29%. The winning bids amounted to 38.5 billion FCFA and the rejected to 9,200 billion FCFA. This gives an absorption rate of 80.71%.

Investors whose bids were successful will end up with a weighted average return of 2.99%. Securities issued are redeemable on the first business day following the November 24, 2022 due date. Interest is payable in advance and deducted from the nominal value of the vouchers.