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UEMOA financial market: Guinea-Bissau receives 11 billion CFA francs

14/11/2024
Source : ORISHAS FINANCE
Categories: Index/Markets

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At the end of its simultaneous issuance of an auction of assimilable treasury bills (BAT) of duration 91 days, 364 days and comparable treasury bonds (OATs) of 3 years, Guinea-Bissau collected on Tuesday 12 November 2024 the sum of 11 billion FCFA

.

L'émetteur a mis en adjudication 10 billion FCFA and received global submissions from investors of 13.396 billion FCFA . This gives a coverage rate of the amount put up for auction of 133.96%. The amount of rejected tenders is 2.396 billion FCFA. This gives an absorption rate of 82.11%. The one selected is 11 billion FCFA. Investors whose bids are successful will end up with a weighted average return of 9.20% for 91-day bonds, 10.69% for 364-day bonds, and 9.96% for

bonds.
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