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Find all the economic and financial information on our Orishas Direct application to download on Play StoreBenin raised on February 3, 2022, 77 billion FCFA from investors in the financial market of the West African Monetary Union (UMOA). The country carried out an issue by auction of assimilable treasury bonds (OAT) with maturities of 7 and 10 years.
In order to cover the financing needs of its budget, the State of Benin, through its Public Treasury, raised the sum of 77 billion FCFA. The auction report drawn up by UMOA-Titres, organizer of the operation, indicates that the amount of total bids from investors amounted to 198.463 billion FCFA while the issuer requested only 70 billion FCFA.
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