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Senegal: More than 79 billion raised on WAMU's financial market

18/01/2021
Categories: Economy/Forex

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Senegal has raised 79.8 billion FCFA on the WAMU financial market, following a simultaneous issue by auction of assimilable treasury bonds (OAT) with maturities of 36 and 60 months, organized in partnership with the UMOA-Titres Agency based in Dakar.
Investors took a significant interest in this transaction by subscribing to it at 113.07%.
The securities issued are to be repaid from the first working day following the maturity date set at 18 January 2024 for 3-year OAT and 18 January 2026 for 5-year OAT.
Interest will be paid annually on the basis of a fixed rate of 5.60% for 3-year OAT and 5.70% for 5-year OAT, from the end of the first year.

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