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Find all the economic and financial information on our Orishas Direct application to download on Play StoreAt the end of its simultaneous issuance of recovery bonds (DSB) from the Treasury of maturity 5 years and 10 years organized in partnership with UMOA-Titres based in Dakar, Côte d'Ivoire raised on September 28, 2021, an amount of 33 billion FCFA.
After auction, UMOA-Titres identified 97.150 billion FCFA of global bids from investors out of a total amount put up for auction of 30 billion FCFA. The coverage rate of the amount put out to tender is thus 323.83%. Of the total amount of bids, the issuer retained 33 billion CFA francs and rejected the remaining 64.150 billion CFA francs, i.e. an absorption rate of 33.97%. The bonds issued will be repaid on the first working day following the maturity date of 29 September 2026 for 5-year maturity OATs and 29 September 2031 for 10-year maturity OATs. Regarding interest, their payment will be made annually from the end of the first year on the basis of an interest rate of 5.60% for OAT with a maturity of 5 years and 5.85% for OAT with a maturity of 10 years. The purpose of issuing the ODRs is to enable the issuer to mobilise the savings of natural and legal persons in order to cover the financing needs of the State budget.
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