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Public Treasury: Côte d'Ivoire raises 154 billion FCFA on the UEMOA financial market

09/04/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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At the end of its simultaneous auction of 364-day treasury bills and 3, 5 and 7-year equivalent treasury bonds (OATs) organized on the UEMOA financial market, the UEMOA financial market, the Côte d'Ivoire Public Treasury raised 154 billion FCFA on Tuesday, April 8, 2025.

This amount is intended to ensure the coverage of the financing needs of the State budget of Côte d'Ivoire. The amount put up for auction by the issuer is 140 billion FCFA. He ended up with global submissions of 223,113 billion FCFA. This represents a coverage rate of 159.37% for the amount put up for auction. The amount of tenders accepted is 154 billion FCFA and that rejected at 69,114 billion FCFA. This gives an absorption rate of 96.02%. Investors whose bids were selected will end up with a weighted average return of 7.07% for bonds, 6.84% for bonds with a term of 3 years, 7.652% for those of 5 years and 6.749% for those of 7 years.
The Ivorian Public Treasury undertakes to repay the vouchers issued on the first working day following the due date set on April 7, 2026. On the other hand, interest will be paid in advance and deducted from the nominal value of these vouchers

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