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Find all the economic and financial information on our Orishas Direct application to download on Play Store45,618 billion FCFA returned to the Senegalese public treasury on Friday, September 9, 2022. This was the result of a simultaneous issuance of support and resilience bonds (BSRs) with a maturity of 364 days and of treasury recovery bonds with a duration of 7 years.
Senegal's General Directorate of Public Accounts and the Treasury has received 45,618 billion FCFA on the UEMOA financial market. According to the report prepared by UMOA-Titres, organizer of the operation, overall bids of 67.548 billion FCFA were received. The amount put up for auction by the issuer amounted to 50 billion FCFA. This gives a coverage rate for the amount put up for auction of 135.10%. The winning bids amounted to 45,618 billion FCFA and the rejected to 21.930 billion FCFA. This gives an absorption rate of 67.53%.
Investors whose bids were successful will end up with a weighted average return of 3.42% for bonds and 5.85% for bonds. Vouchers issued are scheduled to be redeemed on the first business day following the due date of September 10, 2023. On the other hand, interest is payable in advance and deducted from the nominal value of the bonds.
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