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Find all the economic and financial information on our Orishas Direct application to download on Play StoreIn an interview with the Ivorian national daily, Fraternité Matin, Adama Coulibaly, Minister of Economy and Finance, revealed that 40 investors from the United States and England participated in the borrowing of 1 billion euro on the capital markets. An operation arranged by Bnp Paribas, JP Morgan and Standard Chartered. Without a prior road show, the book of subscription intentions exceeded 5 billion euros, more than 5 times the amount sought.
The Ivorian government, after the auction, retained one billion Euro, with a maturity of 10 years at the conditions of 5% rate and 5.00% rate of return. "This recourse to the international market comes from the fact that the Ivorian government, after the auction, has retained one billion Euro, with a maturity of 10 years at the conditions of 5% rate and 5.00% rate of return. "This recourse to the international market comes from the fact that the Ivorian government, after the auction, has retained one billion Euro, with a maturity of 10 years at the conditions of 5% rate and 5.00% rate of return. "This recourse to the international market comes from the fact that the Ivorian government, after the auction, has retained one billion Euro, with a maturity of 10 years at the conditions of 5% rate and 5.00% rate of return. "This recourse to the international market comes from the fact that the Ivorian government, after the auction, has retained one billion Euro, with a maturity of 10 years at the conditions of 5% rate and 5.00% rate of return. "This recourse to the international market comes from the fact that the Ivorian government, after the auction, has retained one billion Euro, with a maturity of 10 years at the conditions of 5% rate and 5.00% rate of return. "This recourse to the international market comes from the fact that the Ivorian government, after the auction, has retained one billion Euro, with a maturity of 10 years at the conditions of 5% rate and 5.00% rate of return. "This recourse to the international market comes from the fact that the Ivorian government, our EU market has been heavily solicited by the eight Member States to meet the additional expenditure generated by the Covid-19 pandemic. Côte d'Ivoire, as the first emitter of this local market, had to reduce its use of it in order to allow other countries, which do not have access to the international market, to meet their financial needs," said the Minister.
According to Adama Coulibaly, this loan is part of the proactive management of Côte d'Ivoire's public debt profile and the Medium-Term Debt Management Strategy. Reaffirming at the same time that the success of this issue is to the credit of the performances achieved and recognized by the IMF in particular the respect of the budget deficit, the debt ratio and Community standards. Not to mention the maintenance of Côte d'Ivoire's financial rating by Moody's (Ba3, stable outlook) and Fitch (B+ positive outlook), ranked among the highest in sub-Saharan Africa
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