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UEMOA financial market: Mali successfully raises 30.134 billion FCFA

21/04/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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The State of Mali successfully raised 30.134 billion FCFA on the UEMOA financial market on Wednesday, April 19, 2023, to ensure that the financing needs of its budget are covered. This was following a simultaneous auction of Treasury Bonds (BAT) with a maturity of 182 and 364 days months and 3-year Treasury Bonds (OAT)

.

The issuer auctioned 30 billion FCFA. In return, he received global submissions from investors of 30.134 billion FCFA, representing a coverage rate of 100.45% of the amount put up for auction. The Malian authorities accepted all the submissions, giving an absorption rate of 100%. Investors whose bids were successful will end up with a weighted average return of 7.12% for 182-day bonds, 7.51% for 364-day bonds, and 7.85% for

3-year bonds.
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