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UEMOA financial market: Côte d'Ivoire obtains 50.784 billion FCFA from investors

16/05/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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At the end of its simultaneous auction of 91 and 364-day Treasury Bonds (BAT) and 3-year Treasury Bonds (OATs), organized on Tuesday 14 May 2024, Côte d'Ivoire obtained from market investors & Financial statement of UEMOA the sum of 50.784 billion FCFA

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The Ivorian state wants to meet its needs to finance its needs. The Public Treasury of this country had put an amount of 50 billion CFA francs up for auction. The total amount of tenders amounts to 50.784 billion FCFA, i.e. a coverage rate of the amount tendered of 101.57%. The Ivorian Public Treasury accepted all the submissions from investors, i.e. an absorption rate of 100%. The repayment of vouchers issued will be made on the first working day following the due date fixed on August 13, 2024 for those with a duration of 91 days and on May 6, 2025 for those of 364 days. As for interest, their payment will be made in advance and deducted from the nominal value of these vouchers

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