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WAEMU market: Côte d'Ivoire raises CFAF 37.070 billion

08/09/2022
Categories: Index/Markets

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At the end of a simultaneous auction of 91-day treasury bonds (BAT) and 5-year and 7-year treasury recovery bonds (ODR), the tr& On September 6, 2022, Côte d'Ivoire raised a sum of 37,070 billion FCFA on the UEMOA financial market.

According to UMOA-Titres, investors proposed global submissions of 62.461 billion FCFA. This gives a coverage rate for the amount put up for tender of 124.92%. The value of the bids accepted by the Ivorian public treasury was 37.070 billion FCFA and the amount rejected was 25.391 billion FCFA. This gives an absorption rate of 59.35%.

Investors whose bids were successful will end up with a weighted average return of 2.71% for treasury bills and 5.63% for 5-year bonds.

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