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WAEMU financial market: Togo solicits 35 billion CFA francs

24/05/2022
Categories: Index/Markets

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Golgold returns to the WAEMU financial market to request a sum of 35 billion CFA francs. In partnership with the Umoa title agency, the country has launched a new call for mobilization.

 

The operation, which will be completed on May 27, is a new issue of long-maturity OAT (15 years) with an interest rate of 6.15%. Since the resumption of its recovery bond issues (ODR), Togo has raised 65 billion CFA francs in two operations. The last operation was completed on April 29, with 33 billion CFA francs mobilized. Recall that the RDAs were initiated by the Central Bank and the Umoa-Titres Agency, to allow States to finance their needs as part of the economic recovery, following the effects of the Covid-19 crisis.

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