On March 24, 2022, Niger raised an amount of CFAF 55 billion in treasury bills and bonds on the WAEMU financial market. This was at the end of its issue of assimilable treasury bonds (BAT) with a duration of 91 days and assimilable treasury bonds (OAT) with a duration of 7 years.

The issuer had auctioned an amount of 50 billion FCFA. The total amount of global bids from investors amounts to 130.487 billion FCFA. This gives a rate of coverage of the amount auctioned of 260.98%. The amount of accepted bids stands at 55 billion FCFA and that rejected at 75.487 billion FCFA. This gives an absorption rate of 42.15%. Investors whose bids are accepted will end up with a weighted average yield of 2.86% for BATs with a duration of 91 days and 5.85% for OATs with a duration of 7 years.

BATs and OATs are repayable respectively on the first business day following the maturity date set at June 23, 2022 and March 25, 2029. As for interest from BATs, they are payable in advance and deducted from the nominal value of the warrants. . On the other hand, the payment of interest on the OATs will be made annually on the basis of the announced fixed interest rate of 6.15%, from the end of the first year.