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Treasury bills and bonds: Ivory Coast receives 85.199 billion FCFA

21/11/2024
Source : ORISHAS FINANCE
Categories: Index/Markets

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After a simultaneous issuance of an auction of assimilable treasury bills (BAT) of duration 28 days, 91 days, 364 days and similar treasury bonds (OATs) of 3 and 5 years, the State of Côte d'Ivoire cashed in on Tuesday, November 19, 2024 at the market level financial of the UEMOA the sum of 85.199 billion FCFA .

L'Etat ivoirien veut assurer la coverage of the financing needs of its budget. The issuer requested 85 billion FCFA. Investors offered him global bids of 85.204 billion FCFA. This corresponds to a coverage rate of 100.24% for the amount put up for auction. The amount of tenders accepted is 85.199 billion FCFA and that rejected at 5 billion FCFA. This gives an absorption rate of 99.99%. The vouchers will be refunded on the first working day following the due date set at December 17, 2024 for those of 28 days, on February 18, 2025 for those of 91 days, on November 18, 2025 for those of 364 days, on November 18, 2025 for those of 364 days. Interest will be paid in advance and deducted from the nominal value of these vouchers

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