T-Bill - Benin - 26/05/2022 - Bons de Soutien et de Résilience (BSR)

Amount

30 000 (millions of FCFA)

Amount Withheld

-- (millions of FCFA)

Marginal rate

-- %

Weighted average rate

-- %

Issuance reported

UMOA-Titres brings to the attention of all the WAEMU Government Securities Market actors that the issuance has been delayed.
Report press release: Download

Characteristics

Instrument: T-Bill
Date of operation: 26/05/2022
Tender amount: 30 000 millions of FCFA
Terms: 12 month(s)
Grace period -- year(s)
Value date: 27/05/2022
Maturity: 25/05/2023
Interest rate: multiple
Denomination per unit: 1 000 000 FCFA

Bid submission

Where to submit bids : Bids are submitted through the SAGETIL-UMOA software application

Submission date : 26/05/2022 10h30mn UTC

Redemption of matured securities

Securities issued are redeemable on the first business day following the maturity date.
Interest are payable in advance and discountable on the nominal value of the bills

Download the files of this issuance

The files of the above issuance will be progressively put at your disposal. This column is updated on a regular basis.

TENDER NOTICE

TERMS & CONDITIONS

INFORMATION NOTE

PRE-ISSUANCE NOTE

ANNOUNCEMENTS

Do you have any question about Government securities ? See F.A.Q.

How to subscribe to T-bills and T-bonds?

In the case of issuances by syndication, investors are requested to join a brokerage firm to open a securities account. After issuance on the primary market these securities are renegotiable on the BRVM which is the regional stock exchange market. As for securities issued through tender investors are requested to get in contact with the primary dealers, banks and brokerage firms of the WAEMU zone

Who can subscribe to Government securities?

The purchase of securities on the primary market is reserved to banks, brokerge firms and all financial institutions that have a settlement account on the books of BCEAO (central bank).

As for the other investors, individual or moral persons independently of their location, they can purchase securities on the primary market through accredited bank or brokerage firm on the Union.

When are T-bonds paid?

All informations regarding securities (date of payment of interests, total amount of interests, payment of securities, taxation) are mentioned on the terms and conditions document published along with each new issuance.

Can a member state decide to pay the owners of T-bills and T-bonds with priority?

No, on the WAEMU zone securities are dematerialized with no special treatment to its owner. All bearers of the same securities are treated identically.