To meet its budgetary needs, Côte d'Ivoire raised the sum of 296.999 billion FCFA on Tuesday, July 8, 2025 on the UEMOA financial market after its simultaneous issuance of an auction of 364-day Treasury Bonds (BAT) and comparable 3-year Treasury Bonds (three titles with different durations), 5 and 7 years.

The fundraising operation by the Ivorian State, organized by Umoa-Titres, initially covered a total amount of 270 billion CFA francs. The strong demand from investors, who submitted 338.31 billion CFA francs in offers, allowed an exceptional coverage rate of 125.30% and an absorption rate of 87.79%

Six financial instruments were offered to investors, including a 364-day Treasury Bill (BAT) due in July 2026 for 14.56 billion FCFA, four 3-year Treasury Bonds (OAT) totaling 272.28 billion FCFA, a 5-year OAT with maturity in July 2030 for 5.6 billion FCFA, and a 7-year OAT due in July 2032 for 4.56

The interest rates offered ranged from 5.70% to 6.00% depending on the term, with weighted average returns varying between 6.64% and 7.61%.

Ivory Coast was the main subscriber with 279.84 billion CFA francs retained, followed by Senegal (9.51 billion) and Togo (7.65 billion). This distribution illustrates the confidence of regional investors in Ivorian securities

In total, 29 participants submitted 33 submissions, testifying to the attractiveness of this issue on the West African financial market.