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Treasury bills and bonds: Mali receives more than 38 billion CFA francs

30/05/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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At the end of its simultaneous issuance of an auction of 364-day treasury bills and comparable 3 and 5-year treasury bonds, the State of Mali collected on Wednesday May 28, 2025 on Wednesday May 28, 2025 at the level of the UEMOA financial market the sum of 38.194 billion CFA francs.

Mali wants to meet the financing needs of its budget. The Malian Public Treasury had put the sum of 35 billion CFA francs up for auction. After the auction, the investors offered him global bids of 38.294 billion FCFA. This corresponds to a coverage rate of 109.41% for the amount put up for auction.
The amount of tenders accepted is 38.194 billion FCFA and that rejected at 100 million FCFA. This gives an absorption rate of 99.74%.
Investors whose bids were selected will end up with a weighted average return of 9.40% for vouchers, 8.59% for 3-year OATs and 6.36% for 5-year OATs

.

The issuer undertakes to refund the vouchers issued on the first business day following the due date of May 28, 2028. Concerning the payment of interest, it will be made in advance and deducted from the nominal value of these

vouchers.
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