Guinea-Bissau attracted strong investor demand during its latest Treasury bills and bonds auction, with total bids reaching 50.36 billion CFA francs against an initial target of 15 billion CFA francs, representing a coverage rate of 335.72%. At the end of the operation, authorities retained the full 15 billion CFA francs, rejecting 35.36 billion CFA francs, for an overall absorption rate of 29.79%.
The issuance included 364-day Treasury bills (BATs) and Treasury bonds (OATs) with a fixed interest rate of 6.25%.
BATs recorded 16.30 billion CFA francs in bids, with 2.5 billion accepted, while OATs attracted 34.05 billion CFA francs, with 12.5 billion retained.
Weighted average yields stood at 6.16% for BATs and 8.46% for OATs, with participation from regional investors including Ivory Coast, Burkina Faso, Senegal, and Togo, reflecting sustained confidence in the regional public securities market.
