Benin obtained on Thursday, May 22, 2025 on the UEMOA financial market the sum of 30 billion CFA francs after its issuance of a simultaneous auction of 364-day treasury bills and assimilable treasury bonds of maturity 3, 5 and 7 years.

The issuer requested 30 billion FCFA and was offered by investors bids of 125.027 billion FCFA. This corresponds to a coverage rate of 416.76% for the amount put up for auction.

The amount of tenders accepted was 30 billion and that rejected was 95.027 billion FCFA. This gives an absorption rate of 23.99%

Investors whose submissions were selected by the issuer will end up with a weighted average return of 6.27% for bonds, 6.52% for 3-year bonds, 6.52% for 3-year bonds, 6.96% for 5-year bonds, 6.96% for 5-year bonds and 7.28% for 7-year bonds.

Vouchers are scheduled to be refunded on the first business day following the due date of May 21, 2026. As for the payment of interest, it will be made in advance and deducted from the nominal value of the vouchers

The repayment of the principal of the bonds will take place on the first business day following the due date set at January 17, 2028 for 3-year bonds, March 21, 2030 for 5-year bonds, and March 21, 2032 for 7-year bonds.

As for interest payments, they will be paid annually at a rate of 5.70% for 3-year bonds, 5.90% for 5-year bonds and 6% for 5-year bonds and 6% for 7-year bonds, at the end of the first year.