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Public Treasury: Ivory Coast receives 64.974 billion FCFA

11/07/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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At the end of its auction of equivalent treasury bills (BAT) of 91, 140, 364 days and assimilable bonds (OATs) of 3, 5, 7 years and 10 years, the Public Treasury of Côte d'Ivoire collected last Tuesday the sum of 64.974 billion FCFA at the level of the financial market of UEMOA

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The Ivorian state wants to meet the financing needs of its budget. For this reason, the issuer has put 65 billion CFA francs up for auction. The total amount of global bids was 65.484 billion CFA francs. This gives a coverage rate of 100.75% for the amount put up for auction. The amount of tenders accepted is 64.974 billion FCFA and that rejected at 510 million FCFA, i.e. an absorption rate of 99.22%. The repayment of vouchers issued will be made on the first working day following the due date fixed on October 8, 2024 for those of 91 days, on November 26, 2024 for those of 140 days and on July 8, 2025 for those of 364 days. As for the payment of interest, it will be made in advance and deducted from the nominal value of these vouchers

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