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UEMOA financial market: the subscription of the TPNE 6.25% 2023-2028 bond ends tomorrow

08/06/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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The subscription to the Niger State bond called “TPNE 6.25% 2023-2028” in the amount of 50 billion FCFA was launched on Monday, May 22, 2023 on the financial market of UEMOA. It ends tomorrow Thursday, June 9, 2023 avec possibilité de clôture anticipée .

The subscription period is expected to end last Friday, June 2. However, there has been an extension whose management and intermediation company (SGI) did not give reasons. In reality, the amount of 50 billion FCFA sought by the issuer was intended to finance investments provided for in the 2023 budget of the State of Niger. The nominal value of the bond and the price of the issue were 10,000 FCFA. To meet the requirements of the transaction, the issuer issued 5 million bonds

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