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Find all the economic and financial information on our Orishas Direct application to download on Play StoreFollowing a 91-day issue by auction of assimilable treasury bills (BAT), Niger obtained on March 10, 2022 an amount of 33 billion FCFA at the level of the WAEMU financial market.
The issuer had auctioned 30 billion FCFA. The overall amount of bids stood at CFAF 37 billion, representing a rate of coverage of the amount auctioned of 123.33%. The bids accepted by the issuer amount to 33 billion FCFA and those rejected to 4 billion FCFA. This gives an absorption rate of 89.19%. Investors whose bids are successful will end up with a weighted average return of 2.56%. BAT issued are redeemable on the first business day following the due date of June 9, 2022.
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