Senegal’s Treasury accepted CFAF85.627 billion in bids at its regional government securities auction on Friday, 6 November 2026, exceeding its CFAF80 billion target. Investors submitted CFAF85.642 billion, giving the sale a bid coverage ratio of 107.05%, according to the auction report released by UMOA-Titres.
The sale combined a 364-day Treasury bill with three- and five-year bonds. The three-year notes accounted for CFAF35.098 billion in accepted bids, followed by CFAF31.095 billion for the five-year line, while the bill raised CFAF19.435 billion. Just CFAF14.51 million in bids was rejected across the three maturities, leaving the acceptance ratio at 99.98%.
Weighted average yields were 8.03% on the one-year bill, 7.31% on the three-year bond and 8.42% on the five-year bond. The five-year yield was 8.24% at Senegal’s 23 October auction, a difference of 0.18 percentage points. The new three- and five-year bonds carry annual coupons of 6.30% and 6.45%, respectively, while the auction yields reflect the prices paid by investors.
Nearly CFAF15 billion accepted through institutions in Benin
By bidding location, institutions in Senegal accounted for CFAF37.536 billion of accepted orders, compared with CFAF30.552 billion in Côte d’Ivoire and CFAF14.961 billion in Benin. Orders accepted through Burkina Faso totalled CFAF2.548 billion, with another CFAF30 million recorded in Mali.
Settlement is scheduled for 9 November 2026. The bill matures on 7 November 2027, the three-year bond on 9 November 2029 and the five-year bond on 9 November 2031. At its previous auction on 23 October, Senegal accepted CFAF55 billion from CFAF69.37 billion in bids.