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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOn the WAEMU financial market on May 27, Togo raised the sum of CFAF 11 billion. It was at the end of an issue of 15-year Treasury stimulus bonds (ORD).
Organized by WAMU-Securities, the operation ended with total bids of 36.439 billion FCFA. The issuer requested 35 billion FCFA. This gives a coverage rate of the amount put up for auction of 104.11%. The amount of the retained bids was established at 11 billion FCFA and the rejected one at 25.439 billion FCFA. This gives an absorption rate of 30.19%. Investors whose bids are accepted will find themselves with a weighted average yield of 6.19%.
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