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Public debt: Ivory Coast wants to mobilize 400 billion CFA francs

18/02/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Le ministre des Finances et du Budget, Adama Coulibaly, a annoncé le lancement à partir du 19 février 2025 d' une opération de mobilisation de 400 milliards de francs CFA, in the form of bond loans.

Cette mobilisation vise à restructurer une partie de la dette publique and respond to pressure from the Ivorian Treasury and CR& The country's leaders. The operation, which will end by 4 March 2025, will be carried out through two bond issues: 160 billion CFA francs with an interest rate of 5.9% over a term of five years, 240 billion CFA francs at 6%, repayable over seven years (2025-2032). This fundraiser involves around thirty loans and Treasury securities and aims to offer a breath of fresh air to the country's public finances. It is part of a broader debt restructuring strategy to preserve the financial stability of Côte d'Ivoire while maintaining its economic dynamism.

These bonds, issued under the supervision of the Directorate-General for Financing (DGF) led by Lanciné Diaby, will ensure optimal management of the State's liabilities and the rescheduling of certain debts maturing in March 2025.
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