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UEMOA financial market: Ivory Coast has just achieved its largest mobilization of resources

16/02/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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On the financial market of the West African Economic and Monetary Union (UEMOA), the Public Treasury of Côte d'Ivoire has achieved its largest mobilization of resources with the TPCI.O77.

The technical adviser to the Director General of the Treasury and Public Accounting, Antoine Yobouet, announced that the Treasury's borrowing is twofold because it is the first variable-rate bond issued on the R& financial market. WAEMU regional. It was on Tuesday, February 14, 2023 at the headquarters of the Regional Securities Exchange (BRVM), in Abidjan-Plateau, during the listing ceremony for this 2022 - 2029 TPCI variable-rate bond.” This same loan is the largest mobilization of resources ever carried out on this market since its creation.

From 24 October to 9 November 2022, in order to continue financing the investments provided for in the State budget for the year 2022, the Public Treasury requested the UEMOA financial market, through the issuance of a loan TPCI variable rate bond 2022 - 2029 for an indicative amount of 350 billion FCFA over a 7-year maturity.

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