Niger simultaneous issuance of 05/17/2018 - Securitie 2: Fungible Treasury Bonds (3rd part)

Reference: 
05/17/2018
ISIN Code: 
NE0000000544
Issue Type: 
Simultaneous issuance
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:60 months
  • Value date:
  • Grace Period:36 months
  • Prices:multiple
  • Maturity date:
  • Interest rate value:6,15 %
  • Interest rates:unique
  • Nominal value :10,000 CFA Francs
Auction results
  • Amount offered:20 000 million CFA Francs
  • Total bids:8
  • Amount alloted:795 million CFA Francs
  • Subscription:795.00 million CFA Francs
  • Coupon:6.15 %
  • Marginal price:9 500.00
  • Weighted average price:9 614.47
The repayment of the bonds will be made by constant annual amortization after a three year deferral. Interest will be paid annually on the basis of a rate of 6.15% per annum in the first year.

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