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UMOA: an amount of 22 billion FCFA raised

11/10/2022
Categories: Index/Markets

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On October 6, 2022, on the financial market of the West African Monetary Union (UMOA), the State of Benin, through the General Directorate of the Treasury and public accounting, raised an amount of 22 billion FCFA (33 million euros) following its simultaneous issuance of a recovery bond (ORD) from the Trésor with maturity 3 and 5 years. Thus, after auction, UMOA-Titres received 31.171 billion FCFA in global bids from investors on the amount put up for auction by the issuer of 20 billion FCFA.

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