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UEMOA financial market: Senegal raises 55 billion FCfa

16/03/2022
Categories: Index/Markets

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Senegal carried out from January 1 to March 11, 2022, five operations on the WAEMU financial market, i.e. 240 billion FCfa mobilized over the period. The last allowed the country to collect 55 billion FCfa.

Between January 1 and March 11, 2021, it was able to make five issues for a total amount of FCfa 240 billion, according to data from Umoa-titres. The most recent took place on March 11. Thus, 55 billion FCfa were raised on the WAEMU market. For this operation, the total amount of bids amounted to 95.374 billion FCfa, representing a coverage rate of 173.41%. The funds raised through the General Directorate of Public Accounting and the Treasury are intended to cover the financing needs of the State budget. The fixed rate announced for this operation is 5.65% for a maturity of 84 months.

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