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Regional market: Niger collects 66 billion FCFA in stimulus bonds

09/07/2021
Categories: Index/Markets

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The Nigerien Treasury made a simultaneous obligation this Thursday, July 8, 2021. At the end of this operation, the country collected 60 billion FCFA on the market of the West African Monetary Union (UEMOA). The operation made it possible to retain some 66 billion out of approximately 187 billion offered by investors. With a maturity of 5 years, the first bond resulted in an amount of 16 billion withheld, with a yield of 5.58% (for a nominal value of 10,000 FCFA). As for the second, it has a maturity of 7 years with a rate of 6.02% for the same nominal value, and raised 15.3 billion against 34.7 billion for the third which offers rates of 6, 24%.

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