At the end of a simultaneous auction of 182-day treasury equivalent bonds (BAT) and 3 and 5-year treasury equivalent bonds (OAT) last Thursday, the Togo Public Treasury raised a sum of 36.994 billion FCFA on the UEMOA financial market. This was in order to ensure the coverage of the financing needs of the Togolese state budget.

The issuer auctioned 35 billion FCFA and obtained global tenders of 38.994 billion FCFA, giving a coverage rate of the amount auctioned of 111.41%. The amount of tenders rejected was 2 billion FCFA, i.e. an absorption rate of 94.87%, and the amount selected was 36.994 billion FCFA. Investors whose bids were successful will end up with a weighted return of 7.24% for 182-day bonds, 7.82% for 3-year bonds, and 7.46% for 5-year