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Togo: CFAF 30 billion raised on the regional financial market

11/07/2022
Categories: Index/Markets

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The Togolese State solicited on Friday, July 8, 2022, on the financial market of the UEMOA, a sum of 30 billion FCFA following an issue of recovery bonds (ORD) of the Treasury.

Togo has issued a 30 billion FCFA bond in response to the stimulus bond issue organized by UMOA-Titres, with interest to be repaid every 12 July starting in 2027 for the 5-year bonds and 2032 for the 10-year bonds. The interest rate is set at 5.80% for the 5-year bonds and 6.15% for the 10-year bonds. In addition, the weighted average yield is 5.79% for 5-year bonds and 6.13% for 10-year bonds.

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