Benin simultaneous issuance of 04/26/2018 - Securitie 1: Fungible Treasury Bonds

Reference: 
04/26/2018
ISIN Code: 
BJ0000001046
Issue Type: 
Simultaneous issuance
Bids' submission
  • Submission place : Through the SAGETIL-UMOA application.
  • Auction date :  at 10:30 AM UTC
Auction details
  • Amount offered:25 000 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:25 000 million CFA Francs
  • Total bids:22
  • Amount alloted:21 917 million CFA Francs
  • Subscription:21 916.73 million CFA Francs
  • Coupon:6.00 %
  • Marginal price:9 575.99
  • Weighted average price:9 641.11
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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