[Listed bonds](<https://brvmdata.com/en/obligations/>) · Sovereign states

# TPNE 6,15 % 2022-2034

**TPNE.O5** · ISIN NE0000001492 · Direction Générale du Trésor et de la Comptabilité Publique · Niger · coupon 6.15% · maturity 2034 · annual coupon · constant amortisation after a grace period

115.50 % of par last trade on 27 Feb 2026 [Official bulletin no. 213](<https://www.brvm.org/sites/default/files/boc_20261109_2.pdf>)

 

## Key figures

|  |  |
| --- | --- |
| Price (% of par) | 115.50 |
| Nominal outstanding per bond (XOF) | 10,000 |
| Accrued coupon per bond (XOF) | 267.90 |
| Dirty price (% of par) | 118.18 |
| Gross yield to maturity (%) | 2.23 |
| Weighted-average life (years) | 4.07 |
| Macaulay duration (years) | 3.70 |
| Modified duration | 3.62 |
| Next coupon | 3 Jun 2027 · XOF 615.00 net |
| Final payment (DC/BR schedule) | 3 Jun 2034 |
| Sessions traded in a year | 2 |
| Value traded in a year (XOF m) | 0.1 |

Price and accrued coupon from the bulletin of 9 Nov 2026.

Yield at the trade of 27 Feb 2026 (price 115.50).

Gross yield to maturity (before IRVM tax), actual/365, annual compounding, on the remaining DC/BR flows; duration at the last-trade yield. [Method](<https://brvmdata.com/en/obligations/#methode>)

 

## Price

[Chart: TPNE 6,15 % 2022-2034 — Price 2022–2026]

[Chart: TPNE 6,15 % 2022-2034 — Value 1 yr (XOF m)]

Daily maximum: 1,311. Envelope: maximum per column, not a sum of sessions.

Price of traded sessions in % of the nominal outstanding, 28 Jul 2022 – 27 Feb 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 1,310.9m.

 

## Yield

[Chart: TPNE 6,15 % 2022-2034 — Yield]

Gross yield to maturity (%) at each trade printed in a bulletin, 28 Jul 2022 – 27 Feb 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: 12 payments, 8 still to come

| No. | Date | Gross coupon (XOF m) | Principal (XOF m) | Outstanding after payment (XOF m) | Flow per 100 |
| --- | --- | --- | --- | --- | --- |
| 1 | 3 Jun 2023 | 6,765.0 | 0.0 | 110,000.0 |  |
| 2 | 3 Jun 2024 | 6,765.0 | 0.0 | 110,000.0 |  |
| 3 | 3 Jun 2025 | 6,765.0 | 11,000.0 | 99,000.0 |  |
| 4 | 3 Jun 2026 | 6,088.5 | 11,000.0 | 88,000.0 |  |
| 5 | 3 Jun 2027 | 5,412.0 | 11,000.0 | 77,000.0 | 18.65 |
| 6 | 3 Jun 2028 | 4,735.5 | 11,000.0 | 66,000.0 | 17.88 |
| 7 | 3 Jun 2029 | 4,059.0 | 11,000.0 | 55,000.0 | 17.11 |
| 8 | 3 Jun 2030 | 3,382.5 | 11,000.0 | 44,000.0 | 16.34 |
| 9 | 3 Jun 2031 | 2,706.0 | 11,000.0 | 33,000.0 | 15.57 |
| 10 | 3 Jun 2032 | 2,029.5 | 11,000.0 | 22,000.0 | 14.81 |
| 11 | 3 Jun 2033 | 1,353.0 | 11,000.0 | 11,000.0 | 14.04 |
| 12 | 3 Jun 2034 | 676.5 | 11,000.0 | 0.0 | 13.27 |

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](<https://dcbruemoa.org/fiche-technique/emprunt-obligataire-tresor-public-du-niger-615-2022-2034>)

 

## Terms of issue

|  |  |
| --- | --- |
| Designation | Emprunt obligataire TPNE 6,15% 2022-2034 |
| 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) | 100,000,000,000 |
| Amount raised (XOF) | 110,000,000,000 |
| Nominal value (XOF) | 10,000 |
| Number of securities | 11,000,000 |
| Issue price (XOF) | 10,000 |
| Effective date | 3 June 2022 |
| Gross rate (%) | 6.15 |
| Net rate (%) | 6.15 |
| Gross coupon (XOF) | 615.00 |
| Net coupon (XOF) | 615.00 |
| Periodicity | Annuel |
| Term | 12 ans |
| Repayment | Après 2 ans de différé, amortissement constant de 1/10 |
| Redemption price (XOF) | 10,000 |
| IRVM tax (%) | 0 |
| Registrar | SGI NIGER |

Sheet matched by the coupon calendar and the symbol; values as typed by the DC/BR.

[DC/BR technical sheet](<https://dcbruemoa.org/fiche-technique/emprunt-obligataire-tresor-public-du-niger-615-2022-2034>)

[Official bulletin no. 213](<https://www.brvm.org/sites/default/files/boc_20261109_2.pdf>)

---

[Canonical page](<https://brvmdata.com/en/obligations/tpne-o5/>)

Data as of 9 November 2026 (latest published BRVM session).

Chart data: [Source tables](<https://brvmdata.com/en/donnees/#telechargements>).

## Sources for this page

- [Official bulletin no. 213 (9 Nov 2026)](<https://www.brvm.org/sites/default/files/boc_20261109_2.pdf>)
- [DC/BR — technical sheet NE0000001492](<https://dcbruemoa.org/fiche-technique/emprunt-obligataire-tresor-public-du-niger-615-2022-2034>)