The Nigerian State, through the public treasury, raised 38.5 billion CFA francs on the WAMU (West African Monetary Union) financial market. Here is how the authorities proceeded to succeed in this survey.
It is through stimulus bonds (ODR) that Niger raised 38.5 billion CFA francs on the WAMU financial market.
Niger has chosen to launch two operations simultaneously, all Obligations assimilables de Trésor (OAT) with a maturity of 5 and 10 years. Of the 70 billion CFA francs requested to cover the financing needs of the state budget and relaunch its massive economic plan, the country retained 38.5 billion CFA francs despite having collected more than 58 billion CFA francs.
On the first mission, an OAT of 35 billion CFA francs with a maturity of 5 years launched Thursday, Niger retained 18.5 billion CFA francs despite having collected 37.488 billion CFA francs. The successful bids (29) have increased in value since last Friday with an interest rate of 5.9%. The redemption of these bonds will take place on the first business day following the maturity date (In Fine redemption on July 29, 2027, editor’s note). The payment of interest will be at an interest rate of 5.9000% starting from the first year, we read in the invitation to tender.