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UEMOA financial market: Mali plans to mobilize 1 409 billion CFA francs this year

27/02/2023
Categories: Index/Markets

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The public treasury of Mali intends to issue public securities worth 1,409 billion FCFA in 2023. The launch of the public securities issuance schedule for the year was made in the presence of the Minister of Economy and Finance of Mali Alousseni Sanou, the National Director of the BCEAO for Mali, the Deputy Director of UMOA-Securities, who is also in charge of acting the Chief Executive Officers of Banks, Management and Intermediation Companies (SGI) and insurance companies.

Issues of public securities (Treasury Bills and Bonds) have a double objective: to finance investments necessary for economic growth and development and to mobilize resources to cover the specific cash needs of the State.

For Minister Alousseni SANOU, the State invests in infrastructure and structural projects and takes many initiatives to preserve economic balances and strengthen the resilience of our economy. In this context, he stresses that “it is important that you, as investors, continue to support adequate financing of the State's needs, for sustained and sustainable growth.”

The total amount of securities to be issued for the year 2023 is nineteen (1409) billion FCFA including 50 billion sub-annual vouchers. This amount will be mobilized through twenty seven (27) issues of public securities, including two (02) by syndication. The breakdown by instrument in nominal value is as follows: Treasury Bills 209 billion FCFA and Treasury Bonds 1200 billion FCFA.

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