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Financial market: Senegal collects 82.5 billion FCFA

10/02/2021
Categories: Economy/Forex

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Senegal successfully raised 82.5 billion FCFA on the regional public securities market on February 5, 2021. This was at the end of an auction of equivalent Treasury bonds with a maturity of three (3), five (5) and seven (7)

years.

The Directorate General of Public Accountancy and the Treasury received 82.5 billion FCFA at the end of an auction of equivalent Treasury bonds with a maturity of three (3), five (5) and seven (7) years. According to a press release from the Ministry of Finance, this intervention is part of covering the financing needs of 2021.
The operation was carried out with the collaboration of Agence Umoa-Titres and the BCEAO. “It should be noted that the interest rates thus achieved reflect the renewed confidence of investors in the quality of the signature of the State of Senegal, which continues to position itself as a reference state issuer on the regional market for Umoa securities,” informs the Ministry of

Finance of Senegal.
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