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Public Treasury: the Malian State raises 20.391 billion FCFA on the UEMOA financial market

19/04/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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At the end of a simultaneous auction of 364-day treasury bills (BAT) and assimilable treasury bonds (OATs) of 3 years and 5 years last Wednesday, the State of Mali, through its Public Treasury, raised the sum of UEMOA 20.391 billion FCFA on the financial market of.

The Malian state wants to ensure that the financing needs of its budget are covered. The Mali Public Treasury had put the sum of 25 billion CFA francs up for auction. At the end of the operation, global tenders amounted to 27.587 billion FCFA, i.e. a coverage rate of the amount put out to tender of 110.35%. The issuer undertakes to repay the vouchers on the first business day following the due date of April 16, 2025. As for interest, they are payable in advance and deducted from the nominal value of these

vouchers.
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