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UEMOA financial market: Mali successfully raises 20.181 billion FCFA

08/12/2023
Source : ORISHAS FINANCE
Categories: Index/Markets

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On 6 December last year, the Malian State raised a sum of 20.181 billion FCFA following a simultaneous auction of equivalent treasury bonds (BAT) with a duration of 182 and 364 days and similar bonds of the 3-year treasury (OAT)

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The public treasury of Mali had tendered an amount of 20 billion FCFA. He was offered 20.201 billion FCFA from investors. This corresponds to a coverage rate of 101.01% for the amount put up for auction. The amount of tenders accepted was 20.181 billion CFA francs and the rejected 20 million CFA francs, representing a coverage rate of 101.01% of the amount put up for auction. The amount of the accepted tenders was 20.181 billion FCFA and the rejected 20 million FCFA. This corresponds to an absorption rate of 99.90%

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