The public treasury has successfully lifted a new day before yesterday, May 2, 2025. Senegal mobilized an amount of 193.002 billion FCFA on the financial market of the West African Economic and Monetary Union (UEMOA), at the end of a targeted adjudication program.
The operation focused on good assimilable treasury (BAT) for a period of 364 days, as well as to assimilable bonds of the Treasury (OAT) to 3 and 5 years, reports the site Lejecos.com. The newspaper Observerin its edition of the weekend, underlines that this mobilization confirms the solidity of the signing of Senegal on the regional market.
Initially, Senegal was looking for 180 billion FCFA. Faced with a clear enthusiasm of investors, the offers reached 193.002 billion FCFA, a coverage rate of 107.22 %. All of the submissions has been retained, reflecting an absorption rate of 100 %. Weighted average yields established 7.22 % for BAT, 7.49 % for OAT at 3 years and 7.14 % for those at 5 years old. According to Observerthese rates reflect the continuous confidence of investors in the country’s macroeconomic stability.
The vouchers will be reimbursed on May 3, 2026, the working day following the due date, with interest paid in advance, presented on the nominal value. The 3 -year bonds will expire on March 17, 2028, while those at 5 years will be reimbursed on May 5, 2030. Interest, paid annually, amounted to 6.30 % for securities at 3 years and 6.45 % for those at 5 years old, with a first payment scheduled for the end of the first year. Observer Recalls that these levees are part of the strategy of mobilizing internal resources of Senegal, intended to finance its budget and its development projects. According to data from the UMOA-Titres agency, Senegal has raised a total of 460 billion FCFA on the regional market since the start of 2025, representing 10.07 % of the overall volume of public programs in the UEMOA space.
