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WAEMU financial market: Niger raises 33 billion FCFA in support and resilience bonds

08/04/2022
Categories: Index/Markets

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Following an issue of support and resilience bonds with a duration of 364 days, Niger raised on April 7, 2022 on the WAEMU financial market an amount of 33 billion FCFA.

UMOA-Titres identified 50.900 billion FCFA of global submissions made by investors. The amount auctioned by the issuer was 30 billion FCFA. This gives a coverage rate of the amount auctioned of 169.67%. The amount of accepted tenders amounts to 33 billion FCFA and that rejected to 17.900 billion FCFA. This gives an absorption rate of 64.83%.

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