The Beninese State is back on the financial market of the West African Economic and Monetary Union (WAEMU). As usual since January 2020, the government of Benin is requesting a new bond issue on the financial market of this African economic zone.  After the cancellation of the issue of June 18, 2020, Benin is therefore back on the WAEMU financial market. And this time, it is a bond of 25 billion FCFA for July 02, 2020.

Two Assimilable Treasury Bonds (OAT), for a total amount of 25 billion FCFA for July 2, 2020 were issued by the Ministry of Economy and Finance through the public treasury. The first OAT is maturing for three years with an interest rate of 5.90% per annum. The second OAT is five years mature and has an interest rate of 6.00% per annum.

 

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The Beninese State intends to repay the two equivalent Treasury Bonds on the first working day following the due date. He will pay the interest in the first year following each of the deadlines. It remains only to hope that these offers from the Beninese State find takers.