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The State of Senegal Raises Cfaf 132 Billion on the Uemoa Market
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The State of Senegal raised 132 billion CFA francs in the regional financial market for an initial request of 120 billion. This operation is part of the financing of the budget for 2025. According to the Ministry of Finance and Budget, the operation recorded a hedging rate of 150.12 per cent, reflecting a demand much higher than the proposed supply. Three maturities were retained. For maturity of one year, 5.925 billion CFA francs were raised at…
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