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Umoa-Titres: Togo's Public Treasury raises 32.1 billion

30/07/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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On Friday, July 26, the Public Treasury raised 32.1 billion CFA francs on the West African Monetary Union (UMOA) public securities market, which corresponds to a coverage rate of 107.65% of the operation.

Togo was looking for 30 billion FCFA via a simultaneous issue of Bonds (BAT) and Assimilable Treasury Bonds (OAT). According to the report of the Umoa-Titres agency, the public treasury collected 18.6 billion CFA francs on BAT issued over the maturity of 364 days, at multiple interest rates. It also mobilized 13.5 billion CFA francs through OATs issued over terms of 3 and 5 years respectively, at annual interest rates of 6.15% and 6.40%. This new exit brings Togo's total loans on the securities market since the beginning of this year to 525.4 billion CFA

francs.
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