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Find all the economic and financial information on our Orishas Direct application to download on Play StoreA At the end of its issuance of a simultaneous auction of assimilable treasury bills (BAT) of a duration of 364 days and comparable treasury bonds (OATs) of 3 and 5 years, the State of Togo collected the June 24, 2024 the sum of FCFA 32.112 billion at the level of the UEMOA financial market, through
its Public Treasury.The State of Togo plans to finance its budget. The issuer put up for auction a sum of 30 billion FCFA. According to UMOA-Titre, it received global bids of 32.112 billion CFA francs, i.e. a coverage rate of the amount put up for auction of 107.04%. The amount of tenders accepted is 32.112 billion FCFA and that rejected at 500,000 FCFA, i.e. an absorption rate of 100%. The principal amount of the bonds will be repaid on the first business day following the maturity date set at June 10, 2027 for bonds with a maturity of 3 years and on February 5, 2029 for those with a term of 5
years.
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