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UEMOA financial market: Togo receives 30.544 billion FCFA

05/02/2024
Source : ORISHAS FINANCE
Categories: Index/Markets

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A l' issue d' une émission simultanée d' adjudication de bons assimilables du trésor ( BAT) of 364 days and equivalent treasury bonds (OAT) with a maturity of 5 years at the end of the last week In fact, Togo collected the sum of 30.544 billion CFA francs on the WAEMU financial market. It was in order to meet the financing of its budget.

The issuer had put 30 billion CFA francs up for auction. At the end of the operation, he obtained 31.882 billion FCFA, i.e. a coverage rate of the amount put up for auction of 106.28%. The amount of tenders accepted is 30.544 billion FCFA and that rejected at 1.338 billion FCFA, i.e. an absorption rate of 95.80%. The Togo Public Treasury has planned to repay the capital of the bonds on the first working day following the due date set on February 5, 2029

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