The Beninese Public Treasury collected 22 billion FCFA on April 2, 2026, on the WAEMU financial market, following its simultaneous auction of 91-day and 182-day fungible treasury bills.

The funds raised by the Beninese Public Treasury are intended to cover the financing needs of the Beninese State budget. To this end, the issuer had put 20 billion FCFA up for auction. The total amount of investor bids was 160.946 billion FCFA. This corresponds to a coverage rate of 804.73% for the amount put up for auction.

The amount of bids accepted is 22 billion FCFA and the amount rejected is 138.946 billion FCFA. This results in an absorption rate of 13.67%.

Investors whose bids were accepted will receive a weighted average yield of 3.85% for 91-day bills and 4.13% for 182-day bills.

The issuer will repay the issued bills on the first business day following the maturity date set for July 2, 2026, for 91-day securities and October 1, 2026, for 182-day securities. Interest will be paid in advance and discounted from the nominal value of the bills.