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Senegal: 117.596 billion FCFA on the financial market

06/07/2022
Categories: Index/Markets

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This Friday, July 01, 2022, the State of Senegal has raised on the financial market of the WAEMU the sum of 117.596 billion CFA francs

117.596 billion FCFA. Such is the global amount of the investors' bids according to the officials of UMOA-Titres, for the three-year revival bonds, including 0 in ONC. The issuer had auctioned 99.877 billion FCFA. The amount retained by the issuer is 117.596 billion FCFA. This gives an absorption rate of 100%. The investors whose bids were retained, will find themselves with a weighted average yield of 5.34% for the 3-year bonds and 5.56% for those of 5 years. It should be recalled that this raising took place at the end of an issue of recovery bonds (ORD) of the Treasury with a duration of 3 years and 5 years.

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