- April 10 auction raises CFAF 37.3bn, falling short of CFAF 50bn goal
- Short-term yields climb as fiscal stress, credit risk weigh on demand
Niger raised CFAF 37.3 billion (about $63.8 million) on the WAEMU regional debt market on April 10, below its CFAF 50 billion ($85.5 million) target, amid signs of tightening liquidity and weak investor appetite for short-term maturities. The issuance, comprising 364-day Treasury bills and 3- and 5-year bonds, underscores the challenges facing the junta-led government in navigating a fragile fiscal environment.
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