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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe issue of 7-year Treasury Bonds (OAT), organized by Benin on April 14, 2022, resulted in a low absorption rate. Investors' bids were 21.10%.
At the end of the issue, the State of Benin retained 10 027 billion CFA francs out of a total of 47 527 billion CFA francs bid by investors. And put up for auction 40 billion FCFA. The amount of the rejected bids is 37 500 billion FCFA. As for the coverage rate of the amount put up for auction, it stands at 118.82%. Investors whose bids were successful will find themselves with a weighted average yield of 5.19%. The repayment of the capital will take place on the first business day following the maturity date of February 4, 2029.
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