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Bond loan: one hundred and twenty three hundred ten million mobilized

23/12/2022
Source : ORISHAS FINANCE
Categories: Economy/Forex

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Through a press release, the Minister of Economy and Finance informed the public of the closure of the bond “State of Mali 6.30% 2022 — 2032 and State of Mali 6.20% — 2029”.

The arranger and leader of the investment syndicate carried out the transaction with Sgi Benin and Sgi Togo as co-leaders. Indeed, launched on November 21, 2022 on the Umoa financial market, for an amount of 120 billion CFA francs, this bond closed on December 2, 2022 and divided into two (02) slices. First of all, this is the first installment for an amount of 70 billion CFA francs at a rate of 6.30%, with a 10-year maturity and the second for an amount of 50 billion CFA francs at a rate of 6.20%, with a maturity of 7 years according to Alousséni Sanou.

This same source pointed out that this operation enabled the Malian Treasury to mobilize one hundred and twenty three hundred ten million (123.310 billion FCFA), i.e. a subscription rate of nearly 103%.

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