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Recovery bonds: The State of Togo cashes in 32 billion FCFA

20/04/2022
Categories: Index/Markets

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The General Directorate of Treasury and Public Accounting of Togo obtained on April 15, 2022 on the financial market of the West African Monetary Union (WAMU) an amount of 32 billion FCFA (48 million euros) at the end of its issue of recovery bonds (DSB) from the Treasury of maturity 7 years organized in partnership with UMOA-Titres based in Dakar. Launched by the WAMU-Securities agency in collaboration with the Central Bank of West African States (BCEAO), the issuance of RDAs aims to enable the issuer to mobilize the savings of natural and legal persons.

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