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WAMU financial market: Côte d'Ivoire cashes in CFAF 52 billion

09/05/2022
Categories: Index/Markets

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At the end of a simultaneous issue by auction of assimilable treasury bonds (BAT), Côte d'Ivoire obtained on Thursday, May 5, 2022 the sum of 52 billion FCFA at the level of the WAEMU financial market.

 

With a duration of 182 days and support and resilience vouchers of 364 days, this operation recorded a submission of 52 billion FCFA. This gives a coverage rate of the amount put out to tender of 104%. The issuer had put up for auction an amount of 50 billion FCFA. The amount of the successful bids is 52 billion CFA francs and the amount rejected at zero. Investors whose bids are selected will end up with a weighted average return of 2.60% for 182-day TAOs and 2.88% for 364-day TAOs.

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