The Central Bank of West African States (BCEAO) allocated CFAF1,042 billion to banks bidding in Benin in its 9 November 2026 weekly auction. That was CFAF35.5 billion, or 3.5%, more than the CFAF1,006.5 billion allotted on 2 November, according to the central bank’s official results for both operations.
Across the eight-member West African Monetary Union (UMOA), allotments rose to CFAF6,362.498 billion from CFAF6,271.798 billion the previous week, an increase of CFAF90.7 billion. The central bank allocated roughly 99.0% of the CFAF6,425 billion offered through the facility.
In CFA francs, billions
Source: BCEAO, auction results 44/H (2 Nov) and 45/H (9 Nov) 2026, country-level tables.
| Benin | Mali | |
|---|---|---|
| 2 November 2026 | 1,006.5 | 1,003.98 |
| 9 November 2026 | 1,042 | 1,000.48 |
Benin gains CFAF35.5 billion in a week
The seven-day refinancing facility groups banks’ bids by country. Allotments to bidders in Benin increased from CFAF1,006.5 billion to CFAF1,042 billion between the two auctions. Over the same period, allocations to bidders in Mali edged down from CFAF1,003.977 billion to CFAF1,000.477 billion, a CFAF3.5 billion decline.
Senegal receives the largest allocation
Senegal accounted for the largest allotment on 9 November, at CFAF1,337.340 billion, followed by Burkina Faso with CFAF1,228.467 billion, Côte d’Ivoire with CFAF1,086.798 billion and Benin. Allocations also reached CFAF1,000.477 billion in Mali, CFAF327.1 billion in Togo, CFAF323.316 billion in Niger and CFAF17 billion in Guinea-Bissau.
In CFA francs, billions
Source: BCEAO, weekly auction 45/H/2026 dated 9 November 2026, amounts by country.
| Amount bid | Amount allotted | |
|---|---|---|
| Senegal | 1,337.84 | 1,337.34 |
| Burkina Faso | 1,228.47 | 1,228.47 |
| Côte d’Ivoire | 1,087.8 | 1,086.8 |
| Benin | 1,042 | 1,042 |
| Mali | 1,000.48 | 1,000.48 |
| Togo | 331.1 | 327.1 |
| Niger | 323,316 | 323,316 |
| Guinea-Bissau | 20 | 17 |
Banks submitted 104 bids totalling CFAF6,370.998 billion, compared with 103 bids amounting to CFAF6,290.798 billion on 2 November. The number of participating institutions held at 81. Of the sums requested on 9 November, CFAF8.5 billion was not allotted, mostly in Togo (CFAF4 billion) and Guinea-Bissau (CFAF3 billion).
Weighted average rate of 3.2816%
The weighted average rate in the 9 November operation came to 3.2816%, against 3.2878% in the 2 November auction. The marginal rate stood at 3.0%, while the highest rate bid was 5.0%.
The refinancing runs for seven days, with value dated 10 November and maturity on 16 November 2026, according to the BCEAO’s official allotment statement.