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Find all the economic and financial information on our Orishas Direct application to download on Play StoreFor its 5th exit on the regional financial market in 2020 and its first with a mobilization target of 50 billion, Togo signed a new successful operation, with a raising of about 55 billion FCFA.
The loan made via a simultaneous issue of assimilable treasury bonds (OAT) was subscribed at more than 150%. That is more than 75 billion FCFA of subscriptions recorded. However, Togo will only retain 55 billion FCFA, as indicated this Friday by the agency UMOA-Titres.
For this great first, the OAT issued for 3 years of maturity made it possible to mobilize a total of 48 billion FCFA and to keep more than 31 billion FCFA while those covering 5 years, attracted bids of nearly 12 billion FCFA. Togo retains about 11 billion FCFA.
As for the securities issued for 7 years, they have mobilized investments to the tune of nearly 16 billion FCFA on the regional financial market. There, the Treasury keeps 12.5 billion FCFA.
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