State financing: Senegal raises 55 billion CFA francs on the regional market

Author: senenews.comPublished on: October 24, 2026Country: Senegal

Business & Economy

State financing: Senegal raises 55 billion CFA francs on the regional market

Senegal raised 55 billion CFA francs in a WAEMU public securities auction held on October 23, 2026, by the Directorate General of Financing and Debt in collaboration with UMOA-Titres. The Treasury had initially offered 50 billion, while investors submitted bids totaling 69.372 billion, a coverage rate of 138.75%; bids worth 14.372 billion CFA francs were rejected. The operation included a 364-day Treasury bill and three- and five-year bonds, maturing in 2027, 2029 and 2031, respectively. Senegal’s October fundraising target is 170 billion CFA francs; it had already raised 74.377 billion on October 9.

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