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UEMOA financial market: the State Treasury receives 38.457 billion FCFA

16/05/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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A l' issu d' une émission simultanée d' Adjudication For 182 and 364-day Treasury equivalent bonds (BAT) with a maturity of 182 and 364 days as well as 3-year Treasury equivalent bonds (OAT), the General Directorate of Treasury and Public Accounting obtained the sum of 38.457 billion FCFA. It was on the UEMOA financial market on Friday, May 12, 2023

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The sum of 38.457 billion FCFA raised by the public treasury will be used to cover the financing needs of the Senegalese state budget. Indeed, the Public Treasury had put in adjudication 35 billion FCFA with a total amount of tenders of 59,830 billion FCFA, i.e. a coverage rate of the amount put in adjudication by 170.94%. The rejected submissions amount to 21.373 billion FCFA, representing an absorption rate of 64.28% and those accepted amount to

38.457 billion FCFA.
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