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UEMOA financial market: Mali mobilizes around $166.6 million

01/09/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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With the aim of mobilizing resources to finance development infrastructure, provided for in the 2023 Budget, the Malian State launched a bond on the regional financial market in July 2023.

He raised approximately $166.6 million on the financial market of the West African Economic and Monetary Union (UEMOA).

The State of Mali registered a 100% subscription rate according to information reported by local media last Monday. The loan was launched on July 3 and has the vision of “mobilizing resources to ensure the financing of development infrastructure, as provided for in the 2023 Budget of the State of Mali”, according to information from the Ministry of Economy. The issue of Malian bonds, with a maturity of 7 years and offering an interest rate of 6.5%, closed on July 28, was fully subscribed, with a subscription rate of

100%.
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