The management and intermediation company (SGI) Impaxis Securities, the main arranger and lead manager of this operation, announced the ECOWAS Bank for Investment and Development (EBID), is seeking CFAF 120 billion. It is through a bond issue by public call for savings called EBID 5.90% 2022-2029.

The subscription period runs from May 30 to June 13, 2022. In order to play a major role in the post-COVID-19 economic revival and to realize its vision of supporting and collaborating with Member States in the creation of jobs and wealth and the reduction of poverty through the development of the private sector, the Bank has decided to issue a bond issue.In order to achieve its vision of supporting and collaborating with member states in creating jobs and wealth and reducing poverty through the financing of profitable and mutually beneficial investment projects, EBID has undertaken to mobilize funds in the regional financial market.

It has thus mandated a consortium made up of IMPAXIS, Coris Bourse and EDC Investment Corporation (EIC) to raise CFAF 240 billion exclusively for the WAEMU zone. The envisaged operation follows an initial public offering ofThe planned operation follows an initial public offering of FCFA 50 billion (the "Tranche I") which was subscribed at 260% in May 2021 and closed early on the same day.