The State of Guinea-Bissau mobilized 15 billion FCFA during a bond auction operation and of similar Treasury bonds organized this Monday by Umoa-Titres.

The operation carried out by Bissau on the securities market public authorities, and which covered a total amount of 15 billion CFA francs, aroused strong interest from regional investors. The submissions total amounted to 24.716 billion FCFA, i.e. a coverage rate by 164.78%, testifying to the market's appetite for Bissau-Guinean securities.

The auction covered two categories of titles: 364-day Treasury bills (BAT) and similar bonds from the Treasury at 3 years (OAT). Faced with the proposals received, the authorities chose not to retain any submissions for the BAT, concentrating the entire levied on OATs at 3 years.

These bonds, which have a term of 3 years and are due on October 22, 2028, offer a fixed interest rate of 6.25%. The yield weighted average was 9.49%, with a weighted average price of 91.8692%.

Fifteen financial institutions participated in the operation, submitting a total of 51 proposals. For 3-year OATs, 16.103 billion FCFA were proposed, of which 15 billion were retained, i.e. a rate absorption of 93.15%.

Geographic participation reveals a distribution diversified between the countries of the West African Economic and Monetary Union (Uemoa). Benin comes out on top with 4.350 billion FCFA retained, followed by Senegal (3.953 billion) and Ivory Coast (4.611 billion). La Guinea-Bissau itself has subscribed for 2 billion CFA francs, while the Burkina Faso participated to the tune of 85 million.

This operation is part of the strategy of financing from the Bissau-Guinean State and will make it possible to support the programs of development of the country. The value date of the issue is set to October 22 2025.