2023-05-23 14:27:00
In order to finance investments provided for in the budget for the year 2023, the State of Niger has been, since Monday, May 22, 2023, seeking an amount of 50 billion FCfa, through a bond loan by public call. savings called “TPNE 6.25% 2023-2028” is organized at the level of the WAEMU financial market.
The subscription period, which ends on June 2, 2023, may be shortened, extended or moved if necessary, after consulting the Autorité des Marchés Financiers (AMF-UMOA).
The nominal value of the bond as well as the price of the issue are 10,000 FCFA. For the necessities of the operation, the issuer issued 5 million bonds.
The duration of the issue is 5 years including one year deferred. The issuer has set the date of entitlement to the securities as June 7, 2023.
To attract investors, the State of Niger offered them an annual nominal interest rate of 6.25%.
Depending on the issuer, the first coupon is payable one year after the date of entitlement or the first following business day, if this day is not a business day. As for the repayment of the loan, it will be done by constant annual amortization of the capital with a one-year deferral.
Oumar Nourou
1684860276
#Niger #seeks #FCfa #billion #WAEMU #financial #market