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Find all the economic and financial information on our Orishas Direct application to download on Play StoreIn order to finance its budget, the Togolese State raised on September 30, 2024 the sum of 10.505 billion FCFA on the financial market of UEMOA . This was the result of a simultaneous auction of assimilable treasury bills (BAT) with a maturity of 182 and 364 days as well as comparable 3-year treasury bonds (OATs) organized in partnership with UMOA-Titres
.The issuer has put 15 billion CFA francs up for auction. The amount of the bids from investors was 18.535 billion FCFA, i.e. a coverage rate of the amount put out to tender of 123.57%. The amount of tenders accepted is 10.505 billion FCFA and that rejected 8.030 billion FCFA, i.e. an absorption rate of 56.68%. Investors whose bids were successful will end up with a weighted average return of 7.31% for 182-day bonds, 7.48% for 364-day bonds and 8.09% for
bonds.
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