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Niger misses treasury bond repayment of $19 million after coup - debt agency

12 August 2023 13:17

Coup-hit Niger has failed to pay 12 billion CFA francs ($19 million) in principal on treasury bonds due on August 11, the West African debt agency Umoa-Titres said in statement.

The agency noted in a statement the payments were missed in the context of sanctions imposed by West Africa’s economic and monetary union UEMOA following a military takeover late last month, Reuters reports. 

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