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Public Treasury: Ivory Coast raises 150 billion FCFA

06/03/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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At the end of its simultaneous issuance of an auction of equivalent 91, 182 and 357-day treasury bonds and comparable 3, 5 and 7-year treasury bonds, Côte d'Ivoire raised on Tuesday, March 4, 2025, on Tuesday, March 4, 2025, the sum of 150 billion CFA francs on the UEMOA financial market.

The issuer had put an amount of 150 billion CFA francs up for auction. The amount of global bids from investors amounted to 187.147 billion CFA francs (mainly on bonds and 7-year bonds). The coverage rate for the amount put up for auction is 124.76%. The amount of tenders accepted is 150 billion FCFA and that rejected at 37.147 billion FCFA. This corresponds to an absorption rate of 80.15%. The issuer has committed to repay the warrants issued on the first business day following the maturity date set at June 3, 2025 for 91-day bonds, September 2, 2025 for 182-day bonds, and February 24, 2026, for 357-day bonds

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