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UEMOA financial market: the Togolese State obtains 32.793 billion FCFA

13/08/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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A la fin de son émission d' adjudication simultanée de bons assimilables du trésor ( BAT) of 182 and 364 days and equivalent treasury obligations (OAT) of 4 years, Togo obtained at the end of last week

UEMOA Increase the sum of 32.793 billion FCFA on the financial market to finance its budget.

The issuer has put 30 billion CFA francs up for auction. The total amount of global tenders amounts to 32.793 billion FCFA. This gives a coverage rate of 109.31% for the amount put up for auction. The issuer accepted all of the bids. This therefore corresponds to an absorption rate of 100%. Vouchers will be refunded on the first business day following the due date of February 9, 2025 for 182-day vouchers and August 10, 2025 for 364-day vouchers. Interest will be paid in advance and deducted from the nominal value of the vouchers. The Togolese Public Treasury will repay the capital of the bonds on the first business day following the due date set on February 5

, 2029.
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