The State of Côte d'Ivoire, through its General Directorate of Treasury and Public  Accounting, raised on December 11, 2020 an amount of 33 billion FCFA (49,500 million euros)  on the financial market of the West African Monetary Union (WAMU) at the end of its issue by auction of  assimilable treasury bonds (BAT) with a maturity of 182 months.

These resources are intended to cover the financing needs of the State budget. For this month of December 2020, the intentions of issuing public securities expressed by the Ivorian  authorities amount to 88 billion FCFA against 90 billion FCFA for the month of November.

At the end of the issue under review, the UMOA-Titres agency listed 115.900 billion FCFA of global bids made by investors where the issuer was only looking for 30 billion FCFA. This gives a coverage rate of the amount put out to tender of 386.33%.

On the amount of the bids, the Ivorian public treasury retained 33 billion FCFA and rejected the remaining 82.900 billion FCFA, an absorption rate of 28.47%.

The weighted average rate and the marginal rate are 2.95% and 2.99% respectively. On the other hand, the weighted average return was 3.02%.

The refund of the bonds issued will be made on the first business day following the due date of June 13, 2021. Interest is payable in advance and deducted from the nominal value of the vouchers, which is one million FCFA.