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UEMOA: the Ivorian State raises more than 30 billion CFA francs

16/08/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Le mardi 13 août 2024, la Côte d' Ivoire a levé la somme de 30.128 billion FCFA on the UEMOA financial market. It was at the end of its issuance of an auction of assimilable treasury bills (BAT) lasting 358 and 91 days, in order to ensure that the financing needs of its budget were covered

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L'Etat ivoirien avait mis en auction 40 billion FCFA. The issuer received global bids of 41,128 billion CFA francs from investors. This gives a coverage rate of 102.82% for the amount put out to tender by the tenders. The amount of tenders accepted was 30.128 billion FCFA and that rejected was 11 billion FCFA. This corresponds to an absorption rate of 73.25%. The repayment of vouchers issued will be made on the first business day following the due date set on August 6, 2025 for vouchers of 358 days and on November 12, 2024 for those of 91 days

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