Treasury bonds and bonds: Côte d'Ivoire raises more than 53 billion CFA francs : Orishas-finance

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Treasury bonds and bonds: Côte d'Ivoire raises more than 53 billion CFA francs

07/06/2024

Source : ORISHAS-FINANCE

Categories: Index/Markets

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Treasury bonds and bonds: Côte d'Ivoire raises more than 53 billion CFA francs

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A l' issue de son émission d' adjudication simultanée de bons assimilables du trésor ( BAT) of 91, 364 days and assimilable treasury obligations (OAT) of 3 and 5 years, the Ivorian State has lifted the

June 4, 2024 an amount of 53.200 billion on the UEMOA financial market.

Ivory Coast wants to ensure that the financing needs of its budget are covered. The State had put 65 billion CFA francs up for auction. He ended up with tenders of 68,200 billion CFA francs, i.e. a coverage rate of the amount put up for auction of 104.92%. The amount of tenders accepted is 53.200 billion FCFA and that rejected 15 billion FCFA, i.e. an absorption rate of 78.01%. The reimbursement of vouchers issued is scheduled for the first working day following the due date set at September 3, 2024 for those with a duration of 91 days and June 3, 2025 for those with a duration of 364 days. Interest will be paid in advance and deducted from the nominal value of the vouchers

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