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Find all the economic and financial information on our Orishas Direct application to download on Play StoreTogo is once again on the regional financial market where it aims (again) to raise 25 billion FCFA on September 25th.
As in its recent operation, it will use Assimilable Treasury Bonds (OAT). But this time, the securities issued have a maturity of five years (60 months) and come with an annual interest rate of 6.4%.
As a reminder, the issue of September 11 was made at the interest rate of 6.15% annually and had recorded a coverage rate of 278%. Indeed, Togo has once again broken the ceiling by recording 69.5 billion FCFA of subscriptions. But it had kept only 27.5 billion FCFA to meet the financing needs of its budget, management 2020.
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