Senegal raises 55 billion CFA francs
By the AFREEQUE newsroom, based on Lesoleil
Senegal raised 55 billion CFA francs on the Umoa public securities market, against 50 billion initially offered. The operation comprises a 364-day Treasury bill yielding 8.06% and two three- and five-year bonds, according to Lesoleil.
Senegal raised 55 billion CFA francs on Friday 23 October on the public securities market of the West African Monetary Union (Umoa), through a simultaneous issue of a 364-day Treasury bill and two Treasury bonds with maturities of three and five years, the Senegalese daily Lesoleil reports. The Treasury bill raised 18 billion CFA francs, the three-year bond 4 billion and the five-year bond 38 billion.
Investors submitted bids worth 69 billion CFA francs, while Senegal had put 50 billion up for auction. The Treasury bill’s weighted average yield stood at 8.06%, according to Lesoleil.
The operation follows a 74.3 billion CFA franc fundraising operation on 9 October 2026, for which 80 billion had been put up for auction. Investors had then offered 84.4 billion CFA francs, representing a coverage rate of 105.51%, while the absorption rate reached 88.12%. Senegal had also raised 157 billion CFA francs on 25 September, against an initial offer of 150 billion, according to Lesoleil.
