Niger's public treasury raised on November 26, 2020 on the financial market of the West African Monetary Union (WAMU) an amount of 27.500 billion FCFA (41.250 million euros) at the end of its issue by auction of assimilable bonds of the treasure (BAT) at 364 days.

This fundraising falls within the framework of the strategy of the Nigerien government authorities to ensure the coverage of the financing needs of the State budget. Intentions to issue public securities declined by these authorities for the month of November amount to 65 billion FCFA against 20 billion in October, an increase of 45 billion.

To do this, the Nigerien public treasury has auctioned off 25 billion FCFA. The overall amount of investors' bids stood at CFAF 62.153 billion, representing a rate of coverage of the amount auctioned of 248.61%. At the end of the auction operation, the issuer retained 27.500 billion FCFA and rejected the remaining 34.653 billion FCFA, ie an absorption rate of 44.25%.

The weighted average return was 4.66%. As for the marginal rate and the weighted average rate, they stand respectively at 4.50% and 4.49%. Reimbursement of warrants issued will take place on the first business day following the due date set at November 25, 2021. On the other hand, interest is payable in advance and deducted from the nominal value of the warrants, which is one million FCFA.