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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe General Directorate of Treasury and Public Accounting of Guinea-Bissau raised on April 13, 2021 on the financial market of the West African Monetary Union (WAMU) an amount of 23.100 billion FCFA (34.650 million euros) at the term of its issue of Treasury bonds (ORD) with maturities of 3 and 5 years.
Organized in partnership with the Agence UMOA-Titres based in Dakar, Guinea Bissau's first ORD dates back to March 9, 2021 with an amount of 16.500 billion FCFA raised for the same maturities.
At the end of the auction, the UMOA-Titres agency recorded 49.789 billion FCFA in overall bids from investors, while the amount put up for auction by the issuer was 21 billion FCFA. This gives a rate of coverage of the amount auctioned of 237.09%.
Of the total amount proposed by the investors, the Public Treasury of Guinea-Bissau withheld 23.100 billion FCFA and rejected the remaining 26.689 billion FCFA, ie an absorption rate of 46.40%.
Reimbursement of the capital of ODRs with a maturity of 3 years will be made on the first business day following the maturity date set at April 14, 2024. On the other hand, payment of interest will be made from the end of the first year at a rate of 6, 10%. Concerning the capital of ODRs with a maturity of 5 years, it will also be reimbursed on the first business day following the due date set at April 14, 2026 and the payment of interest from the end of the first year at a rate of 6.25%.
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