Benin Fungible Treasury Bonds of 05/24/2018 (2nd part)

Reference: 
05/24/2018
ISIN Code: 
BJ0000001004
Issue Type: 
Auction
Bids' submission
  • Submission place : Through the SAGETIL-UMOA application.
  • Auction date :  at 10:30 AM UTC
Auction details
  • Amount offered:20 000 million CFA Francs
  • Term:36 months
  • Value date:
  • Prices:multiple
  • Maturity date:
  • Interest rate value:6,00 %
  • Interest rates:unique
  • Nominal value :10,000 CFA Francs
Auction results
  • Amount offered:20 000 million CFA Francs
  • Total bids:16
  • Amount alloted:9 639 million CFA Francs
  • Subscription:9 638.70 million CFA Francs
  • Cover ratio:48.19 %
  • Coupon:6.00 %
  • Marginal price:9 505.05
  • Weighted average price:9 578.26
The bonds will be totally redeemed in full on the first business day following maturity (bullet redemption). Interest will be paid at a rate of 6%, beginning in the first year

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