The Central Bank of West African States (BCEAO) allocated CFAF1,006.5 billion to banks bidding in Benin at its weekly liquidity auction on 2 November 2026. Across the West African Monetary Union (WAMU), participating banks secured CFAF6,271.798 billion, according to the central bank’s official auction results.
The seven-day refinancing facility provides banks with short-term funding to manage their cash needs. The funds have a value date of 3 November and mature on 9 November. At the previous weekly auction on 26 October, banks bidding in Benin had received CFAF1,012.5 billion, CFAF6 billion more than in the latest operation.
Weighted average rate of 3.2878%
The BCEAO offered up to CFAF6,425 billion at the 2 November auction. Eighty-one participants submitted 103 bids worth CFAF6,290.798 billion, of which CFAF6,271.798 billion was accepted. The weighted average rate was 3.2878%, little changed from 3.2916% on 26 October, while the marginal rate stood at 3%.
Banks bidding in Senegal received the largest country allocation, CFAF1,330.340 billion, followed by Burkina Faso at CFAF1,183.967 billion and Côte d’Ivoire at CFAF1,058.598 billion. Benin’s allocation was close to Mali’s CFAF1,003.977 billion. The remaining awards went to Togo (CFAF346.1 billion), Niger (CFAF325.316 billion) and Guinea-Bissau (CFAF17 billion).
Across the weekly seven-day facility, the regional allocation rose by CFAF8.835 billion from CFAF6,262.963 billion on 26 October. Both auctions carried the same maximum offer of CFAF6,425 billion.