Africa: WAEMU Treasuries Raise Cfa 92 Billion in Liquid Market
The WAEMU public securities market recorded strong demand in the week of May 12 to May 15, with 3 member states raising CFA92 billion against an initial target of CFA85 billion. Investors submitted CFA196.67 billion in bids, giving the week a coverage rate of 231%. The estimated absorption rate was 47%, showing that treasuries received…