FINANCES : L’Etat du Sénégal qui cherchait 130 milliards, décroche 143 milliards de FCFA
The Senegalese government is very active on the local public securities market. Just a week ago, it raised 125.7 billion CFA francs. This Friday, it raised another 143 billion CFA francs. This brings the total raised in just a few days to 268.7 billion CFA francs on the public securities market.
Once again, investors showed considerable interest in this operation, which closed on February 6th. The Senegalese government was seeking 130 billion CFA francs, and investors offered 238.8 billion CFA francs, representing a bid rate of 184.5%. However, the government only accepted 143 billion CFA francs, rejecting the remaining 96.8 billion, resulting in an absorption rate of 53.6%.
The State secured 76.9 billion FCFA for the 182-day Treasury Bill (BAT), where bids had reached almost 110 billion FCFA. It then raised 32.2 billion FCFA for the 365-day BAT, 4.3 billion FCFA for the 3-year Treasury Bond (OAT), 16.5 billion FCFA for the 5-year OAT, and 14.8 billion FCFA for the 7-year OAT.
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