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UEMOA financial market: the Ivorian Public Treasury raises 60,500 billion FCFA

22/02/2024
Source : ORISHAS FINANCE
Categories: Index/Markets

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On Tuesday, February 20, 2024, the Ivorian Public Treasury raised a sum of 60.5 billion FCFA. It is at the end of its issuance of a simultaneous auction of assimilable treasury bills (BAT) of 91 and 364 days and comparable treasury bonds (OATs) of 3

years and 5 years.

La levée de fonds du Trésor publique ivoirien s' inscrit dans le but d' assurer la coverage of the financing needs of the State budget. The issuer auctioned an amount of 55 billion FCFA and obtained by UMOA-Titres global tenders of 110.731 billion FCFA, i.e. a coverage rate of the amount put out to tender by the tenders of 201.33%. The amount of tenders accepted is 60,500 billion FCFA and that rejected 50,230 billion FCFA, i.e. an absorption rate of 54.64%. The repayment of the principal of the bonds will take place on the first working day following the maturity date set at February 21, 2027 for 3-year bonds and February 21, 2029 for 5-year bonds

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