In order to meet the financing needs of its budget, the State of Côte d'Ivoire raised on November 26, 2024 on the financial market of the West African Monetary Union (UMOA) the sum of 274.999 billion FCFA (439,999 million dollars) at the end of its simultaneous issuance of a bond auction Treasure tables of 28, 91 and 364 days and equivalent treasury obligations of 3, 5 and 7 years

This amount collected aims to meet the financing needs of the Ivorian state budget. For this purpose, the issuer had put an amount of 250 billion CFA francs up for auction. According to UMOA-Titres, the total number of total submissions listed was 275.017 billion FCFA. This corresponds to a coverage rate of 110.01% for the amount put up for auction.

The amount of tenders selected was 274.999 billion FCFA and that rejected 18 million FCFA. This gives an absorption rate of 99.99%

Investors whose bids were selected will end up with a weighted average return of 5.94% for 28-day bonds, 5.54% for 91-day bonds, 2.31% for 364-day bonds, 2.31% for 364-day bonds, 2.31% for 364-day bonds, 7.63% for 3-day bonds, 7.63% for 5-year bonds, and 6.56% for 7-year bonds.

Vouchers are scheduled to be refunded on the first business day following the expiry date set to December 24, 2024 for 28-day vouchers, February 25, 2025 for 91-day vouchers, and November 25, 2025 for 364-day vouchers. Interest will be paid in advance and deducted from the nominal value of these vouchers

On the other hand, the repayment of the principal of the bonds will take place on the first business day following the maturity date set at November 27, 2027 for 3-year bonds, November 27, 2027, for 3-year bonds, November 27, 2029, for 5-year bonds and November 27, 2031 for 7-year bonds. Interest will be paid per year at a rate of 5.70% for 3-year bonds, 5.90% for 5-year bonds and 6% for 7-year bonds from the end of the first