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UEMOA financial market: Côte d'Ivoire receives 41.185 billion FCFA

16/11/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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Through its Public Treasury, the State of Côte d'Ivoire received the sum of 41.185 billion FCFA on the UEMOA financial market. It was on Tuesday, November 14, 2023, at the end of its simultaneous auction of equivalent treasury bonds (BAT) of 28, 91, 126 and 142 days as well as equivalent treasury bonds (OAT) of 3

and 10 years.

The Ivorian Public Treasury auctioned 40 billion FCFA and ended up with overall tenders of 41.710 billion FCFA, representing a coverage rate of 104.28% of the amount put up for auction. This issue in all UEMOA member countries aims to mobilize the savings of natural and legal persons in order to cover the financing needs of the State budget of Côte d'Ivoire. The amount of accepted tenders was 41.185 billion and that rejected was 525 million, representing an absorption rate of 98.74%

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