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Bond market: Senegal raises 35 billion CFA francs

23/05/2022
Categories: Index/Markets

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The Senegalese Ministry of Finance and Budget has announced a fundraising of 35 billion francs. This was at the end of an issue of treasury bonds with a maturity of 5 years. The ministry details the results of the operation as follows: "Amount put out to tender: 35 billion; maturity: 5 years; amount of bids: 67 billion; subscription rate of 191%; amount retained: 35 billion; weighted interest rate: 5.27%''.

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