On 20 August 2020, Benin's Directorate-General for the Treasury and Public Accounting awarded an amount  of CFAF 20 billion (€30 million) at the end of its issuance of 3-year  Treasury Equivalent Bonds (OAT) on  the financial market of the Monetary Union West African (WAMU).
The amount raised corresponds to the amount put out to tender by the issuer. The funds obtained will cover the financing needs of the State budget of Benin. For the month of August 2020, the Beninese government's intentions to issue public securities amount to CFAF 50 billion.

The amount of the global bids made by the investors amounts to 39.205 billion FCFA, i.e. a coverage rate of the amount put out to tender of 196.03%. On the amount of the bids, the Beninese  public treasury retained 20 billion CFA francs and rejected the remaining 19.205 billion CFA francs, i.e. an absorption rate of 51.01%.

 
The securities issued will be repaid in full on the first business day following the maturity  date of August 7, 2023. As for the payment of interest, it will be made on the basis of a rate of 5.90% per year from the first year.