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UEMOA public securities market: Ivory Coast, Mali and Togo raise 126.23 billion FCFA between 30 May and 2 June

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

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The States of Côte d'Ivoire, Mali and Togo organized three issues of securities issued public securities in the last week of May, from 30 May to 2 June. These issues allowed them to raise a total amount of 126.23 billion

FCFA.

The states of Côte d'Ivoire, Mali and Togo managed to raise a total of 126.23 billion CFA, compared with 97.13 billion FCFA a week earlier. Côte d'Ivoire raised 59.44 billion FCFA during its issue on 30 May. Mali followed suit by raking in 35.25 billion FCFA during its issue on 31 May. And Togo closed the week by raising 31.53 billion FCFA when it exited on June 2. The Ivory Coast issue has the participation of 17 investors from the Union, with a predominance of investors based in Côte d'Ivoire (74.37%) and Burkina Faso (

15.14%).

In Mali, this issue attracted the interest of 13 investors, a large part of whom were resident in Mali (55.39%) with a coverage rate of 104.3%. For its part, the issue achieved the highest coverage rate of the week, reaching 138.44%, and the issue saw strong subscription from non-resident investors

(65.30%).
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