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Benin wants to raise 60 billion FCFA on the UEMOA financial market. For this purpose, the country will issue Equivalent Treasury Bonds (OATs) on June 17, 2024. Benin will issue OATs that mature in 3 years, i.e. on June 18, 2024. The amount put up for auction is 60 billion CFA francs. The interest rate is 5.2% and the value date is 18 June 2021. As is often the case, the nominal value per unit is 10,000 CFA francs. Recall that last month, Benin had already issued treasurable bonds. The amount put up for tender was also 60 billion CFA francs
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