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Listing on the BRVM: the BIDC issues a bond entitled “BIDC - EBID 5.90% 2022-2029

26/08/2022
Categories: Index/Markets

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The ECOWAS Bank for Investment and Development (EBID) has issued a bond entitled “BIDC - EBID 5.90% 2022-2029& quot;. The objective of the operation is to finance projects, in the context of COVID-19, in the zone of the West African Economic and Monetary Union (UEMOA), the BIDC

The distribution of the titles “BIDC - EBID 5.90% 2022-2029" to the public at a price of 10,000 FCFA per bond took place from 30 to 31 May 2022. As a result of this operation, 12,000,000 “BIDC-EBID 5.90% 2022-2029" bonds for a total amount of 120,000,000,000 FCFA were subscribed to on the WAEMU Regional Financial Market.

In order to allow securities to be traded on the Regional Financial Market, the Regional Stock Exchange (BRVM) carries To the knowledge of the public and market participants that the first listing of the “BIDC - EBID 5.90% 2022-2029" loan, admitted to the BRVM bond fund, will take place on Tuesday, September 20, 2022. The introduction procedure selected for the first trading day is the ordinary procedure with a reference price set at 10,000 FCFA.

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