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Economy

Niger to auction 3-year, 35 bln CFA bond with 5.5 pct coupon

Date: Mar 23, 2016

Niger will issue a 35 billion CFA franc ($59.69 million) 3-year treasury bond with a 5.5percent coupon on March 31, West Africa's regional debt planning agency said late on Tuesday.

The bond will be sold in units of 10,000 CFA francs to investors across the eight-nation CFA franc currency zone via an auction organised by the Central Bank of West African States, the statement said. ($1 = 586.3600 CFA francs)

--reuters--