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Find all the economic and financial information on our Orishas Direct application to download on Play StoreSenegal proceeded, this Friday, to a bond issue by auction of an amount of 57 billion. According to the Ministry of Finance and Budget, this operation has a maturity of ten years.
Of the bids received of 68 billion CFA francs, corresponding to a coverage rate of 123%, an amount of 57 billion CFA francs was retained with a weighted average rate of 5.82% against a weighted average rate on the market of 6.14%.
For the national authorities, these results confirm Senegal's position as a benchmark government issuer and constitute a positive endorsement by investors of the quality of our policies and macro-fiscal framework.
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