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UEMOA financial market: the Public Treasury of Guinea Bissau collects 11.823 billion FCFA

21/03/2024
Categories: Index/Markets

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At the end of its issuance of a simultaneous auction of 182, 364-day treasury bills (BAT) and 3-year equivalent treasury bonds (OATs), the Public Treasury of Guinea Bissau collected a sum of 11.823 billion CFA francs on the financial market of the UEMOA. This was in order to ensure the coverage of the financing needs of the country's state budget.

The public treasury auctioned an amount of 12 billion FCFA and identified global tenders of 12.846 billion FCFA, i.e. a coverage rate of the amount put up for auction of 107.06%. The amount of tenders accepted is 11.823 billion FCFA and that rejected 1.023 billion, i.e. an absorption rate of 92.03%. The repayment of the principal of the bonds will take place on the first business day following the maturity date set at January 22, 2027

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