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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOn Tuesday, July 23, 2024, the Ivorian State raised the sum of 77 billion CFA francs on the UEMOA financial market after its targeted issuance of an auction of assimilable treasury bills (BAT) of 126, 350 days and assimilable treasury bonds (OATs) of 3, 5 and 7 years old.
Ivory Coast wants to ensure that its financing needs from its budget are covered. The amount put up for auction is 70 billion FCFA and ended up with overall bids from investors of 77.017 billion FCFA, i.e. a coverage rate of the amount put up for auction of 110.02%. The amount of tenders accepted is 77 billion FCFA and that rejected 17.49 million FCFA, i.e. an absorption rate of 99.98%. The Ivorian public treasury has undertaken to repay the vouchers on the first working day following the due date set at November 26, 2024 for those of 126 days and on July 8, 2025 for those of 350 days. Interest will be paid in advance and deducted from the nominal value of the vouchers
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