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Public Treasury: Côte d'Ivoire raises 120.999 billion FCFA on the UEMOA financial market

28/02/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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Le Trésor public de la Côte d'Ivoire raised the overall sum of 120.999 billion FCFA on the UEMOA financial market. It was Tuesday, February 25, 2025 following its auction émission simultanée d' style="font-family: "Bookman Old Style”, serif"> of Assimilable Treasure Bills (BAT) of 91,182 and 364 days and equivalent treasury bonds (OATs) of 3, 5 and

7 years.

The issuer has put an amount of 110 billion CFA francs up for auction. The total amount of global bids is 146.216 billion FCFA. This corresponds to a coverage rate of the amount set in adjudication of 132.92%. The amount of tenders selected was 120.999 billion FCFA and that rejected was 25.217 billion FCFA, i.e. an absorption rate of 82.75%.

Investors whose bids were selected will end up with a weighted average return of 6.51% for 91-day bonds, 6.64% for 182-day bonds, 7.64% for 182-day bonds, 7.29% for 364-day bonds, 7.29% for 364-day bonds, 7.29% for 364-day bonds, 7.61% for 3-year bonds, 7.61% for 5-year bonds and 6.30% for 7-year bonds.
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