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WAEMU financial market: Senegal raises 35 billion FCFA

15/02/2022
Categories: Index/Markets

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With more than 305% coverage rate on the issue of treasury bonds, Senegal received 35 billion FCFA on Friday, February 11, 2022.

Investors responded strongly to the issue of 91-day treasury bonds (BAT) launched by the Senegalese Public Treasury with a coverage rate of 305.03% of the amount auctioned. According to UMOA-Titres, out of an auction amount of 35 billion FCFA, these investors bid for a total amount of 106.760 billion FCFA. The amount of bids accepted by the issuer is 35 billion FCFA and that rejected is 71.760 billion FCFA. This gives an absorption rate of 32.78%.

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