[Listed bonds]() · Sovereign states # TPBJ 5,75% 2022-2037 **TPBJ.O6** · ISIN BJ0000001764 · Direction Générale du Trésor et de la Comptabilité Publique · Benin · coupon 5.75% · maturity 2037 · annual coupon · constant amortisation after a grace period 103.00 % of par last trade on 23 Oct 2026 [Official bulletin no. 213]() ## Key figures | | | | --- | --- | | Price (% of par) | 103.00 | | Nominal outstanding per bond (XOF) | 10,000 | | Accrued coupon per bond (XOF) | 163.84 | | Dirty price (% of par) | 104.64 | | Gross yield to maturity (%) | 5.10 | | Weighted-average life (years) | 5.72 | | Macaulay duration (years) | 4.81 | | Modified duration | 4.58 | | Next coupon | 28 Jul 2027 · XOF 575.00 net | | Final payment (DC/BR schedule) | 28 Jul 2037 | | Sessions traded in a year | 8 | | Value traded in a year (XOF m) | 2,901.8 | Price and accrued coupon from the bulletin of 9 Nov 2026. Yield at the trade of 23 Oct 2026 (price 103.00). Gross yield to maturity (before IRVM tax), actual/365, annual compounding, on the remaining DC/BR flows; duration at the last-trade yield. [Method]() ## Price [Chart: TPBJ 5,75% 2022-2037 — Price 2022–2026] [Chart: TPBJ 5,75% 2022-2037 — Value 1 yr (XOF m)] Daily maximum: 3,468. Envelope: maximum per column, not a sum of sessions. Price of traded sessions in % of the nominal outstanding, 11 Oct 2022 – 23 Oct 2026; value traded below Sessions since 2018: official bulletin (BOC); before 2018 and bulletin gaps: bfin session database, which rounds the price down to a whole percent (1 sessions). Bars: value traded per session, max XOF 3,468.1m. ## Yield [Chart: TPBJ 5,75% 2022-2037 — Yield] Gross yield to maturity (%) at each trade printed in a bulletin, 11 Oct 2022 – 23 Oct 2026 Same method as the bond board, at the date and price of each trade. bfin sessions left out (no accrued coupon or nominal). ## Cash-flow schedule [Chart: Remaining flows per 100 of nominal on 9 Nov 2026: coupon and principal (total per date)] Remaining flows per 100 of nominal on 9 Nov 2026: coupon and principal (total per date) DC/BR schedule of the whole issue: 15 payments, 11 still to come | No. | Date | Gross coupon (XOF m) | Principal (XOF m) | Outstanding after payment (XOF m) | Flow per 100 | | --- | --- | --- | --- | --- | --- | | 1 | 28 Jul 2023 | 10,926.0 | 12,667.8 | 177,349.7 | | | 2 | 28 Jul 2024 | 10,197.6 | 12,667.8 | 164,681.9 | | | 3 | 28 Jul 2025 | 9,469.2 | 12,667.8 | 152,014.1 | | | 4 | 28 Jul 2026 | 8,740.8 | 12,667.8 | 139,346.2 | | | 5 | 28 Jul 2027 | 8,012.4 | 12,667.8 | 126,678.4 | 14.84 | | 6 | 28 Jul 2028 | 7,284.0 | 12,667.8 | 114,010.6 | 14.32 | | 7 | 28 Jul 2029 | 6,555.6 | 12,667.8 | 101,342.8 | 13.80 | | 8 | 28 Jul 2030 | 5,827.2 | 12,667.8 | 88,674.9 | 13.27 | | 9 | 28 Jul 2031 | 5,098.8 | 12,667.8 | 76,007.1 | 12.75 | | 10 | 28 Jul 2032 | 4,370.4 | 12,667.8 | 63,339.3 | 12.23 | | 11 | 28 Jul 2033 | 3,642.0 | 12,667.8 | 50,671.4 | 11.70 | | 12 | 28 Jul 2034 | 2,913.6 | 12,667.8 | 38,003.6 | 11.18 | | 13 | 28 Jul 2035 | 2,185.2 | 12,667.8 | 25,335.8 | 10.66 | | 14 | 28 Jul 2036 | 1,456.8 | 12,667.8 | 12,667.9 | 10.14 | | 15 | 28 Jul 2037 | 728.4 | 12,667.9 | 0.0 | 9.61 | Whole-issue amounts as published by the DC/BR. Flow per 100: coupon and principal over the principal still due on 9 Nov 2026, the basis of the yield. [DC/BR technical sheet]() ## Payment notices BRVM notices for this line (3) | Payment | Ex-coupon | Subject | Notice | | --- | --- | --- | --- | | 28 Jul 2025 | 24 Jul 2025 | interest | [Notice no. 168]() | | 28 Jul 2024 | 24 Jul 2024 | interest | [Notice no. 158]() | | 28 Jul 2023 | 26 Jul 2023 | interest | [Notice no. 135]() | Notices attached by the symbol in the file name when the payment date is on the line's calendar, else by rate, years, issuer and the payment date closest to the line's calendar. ## Terms of issue | | | | --- | --- | | Designation | Emprunt obligataire TPBJ 5,75% 2022-2037 | | Issuer | Direction Générale du Trésor et de la Comptabilité Publique | | Security type | Obligations | | Secondary market | Titres admis aux opérations du DC/BR | | Indicative amount (XOF) | 180,000,000,000 | | Amount raised (XOF) | 190,017,560,000 | | Nominal value (XOF) | 10,000 | | Number of securities | 19,001,756 | | Issue price (XOF) | 10,000 | | Effective date | 28 July 2022 | | Gross rate (%) | 5.75 | | Net rate (%) | 5.75 | | Gross coupon (XOF) | 575.00 | | Net coupon (XOF) | 575.00 | | Periodicity | Annuel | | Term | 15 ans | | Repayment | Amortissement constant de 1/15 | | Redemption price (XOF) | 10,000 | | IRVM tax (%) | 0 | | Registrar | SGI BENIN | Sheet matched by the coupon calendar and the symbol; values as typed by the DC/BR. [DC/BR technical sheet]() [Official bulletin no. 213]() --- [Canonical page]() Data as of 9 November 2026 (latest published BRVM session). Chart data: [Source tables](). ## Sources for this page - [Official bulletin no. 213 (9 Nov 2026)]() - [DC/BR — technical sheet BJ0000001764]() - [BRVM — payment notice (28 Jul 2025)]()