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WAMU Financial Market: Côte d'Ivoire obtains 50 billion FCFA

15/04/2022
Categories: Index/Markets

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Oc côte d'Ivoire received Tuesday, April 12, 2022 the sum of 50 billion FCFA from investors in the WAEMU financial market. This was at the end of a simultaneous issue by auction of assimilable treasury bonds (BAT) of duration 182 days and support and resilience bonds of 364 days.

 

In response to this solicitation, investors offered 69.5 trillion FCFA in global bids. This gives a coverage rate of the amount put out to tender of 139%. The amount of successful bids is CFAF 50 billion and the rejected one is CFAF 19.500 billion remaining. This gives an absorption rate of 71.94%. Investors whose bids are selected will end up with a weighted average return of 2.43% for 182-day TAOs and 2.78% for 364-day TAOs.

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