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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAt the end of its issuance of a simultaneous auction of 364-day Treasury Bonds (BAT) and 3-year Treasury Bonds (OATs), Togo obtained the sum of 32.9 billion euros from investors in the UEMOA financial market FCFA. It was last April 26 in order to finance its budget.
The issuer auctioned 30 billion FCFA and received global bids of 48.077 billion FCFA, i.e. a coverage rate of the amount auctioned of 160.26%. The amount of tenders accepted is 32.9 billion FCFA and that rejected at 15.177 billion FCFA, i.e. an absorption rate of 68.43%. Investors who saw their bids accepted will end up with a weighted average return of 7.65% for bonds and 7.91% for bonds
.The Togo Public Treasury undertakes to reimburse the vouchers on the first working day following the due date set on April 28, 2025. Interest will be paid in advance and deducted from the face value of these vouchers
.
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