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UEMOA financial market: Mali obtains 13.155 billion FCFA

01/11/2024
Source : ORISHAS-FINANCE
Categories: Index/Markets

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At the end of its simultaneous issuance of an auction of 364-day treasury bills (BAT) and equivalent treasury bonds (OATs) of 3 and 5 years, the State of Mali collected on Wednesday, October 30, 2024, on Wednesday, October 30, 2024, on the WAEMU financial market an amount of 13.155 billion CFA francs.

Mali is thinking of meeting the financing needs of its budget. 25 billion FCFA was put up for auction. The Malian Public Treasury obtained 18.155 billion FCFA in global tenders, i.e. a coverage rate of the amount tendered of 74.62%. The amount of tenders accepted is 13.155 billion FCFA and that rejected 5.5 billion FCFA, i.e. an absorption rate of

70.52%.
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