Guinea-Bissau Secures Over 13 Billion FCFA in Regional Market, Surpassing Expectations

Guinea-Bissau Secures Over 13 Billion FCFA in Regional Market, Surpassing Expectations

Guinea-Bissau has successfully raised over 13 billion FCFA on the West African Economic and Monetary Union (UEMOA) financial market, surpassing its initial target of 12.5 billion FCFA.

The Treasury Bonds and Similar Bonds issuance attracted strong investor interest, with total bids reaching 15.606 billion FCFA—representing a coverage rate of 124.85%.

The fundraising included three financial instruments: 91-day and 350-day Treasury Bonds (BAT) and 3-year Treasury Bonds (OAT). Among these, the 350-day BAT drew the most interest, with bids exceeding 10 billion FCFA, all of which were accepted.

The weighted average yields were recorded at 9.11% for the 91-day BAT, 10.12% for the 350-day BAT, and 10.19% for the 3-year OAT.

Investors from across the UEMOA region, particularly from Benin, Burkina Faso, and Côte d’Ivoire, participated actively in the operation.

This successful fundraising highlights strong investor confidence in Guinea-Bissau’s financial standing at a time when UEMOA member states are increasingly turning to the regional market to meet their financing needs.