The General Directorate of the Treasury and Public Accounting proceeded on Thursday, September 26, 2019 at the trading room of the Regional Stock Exchange (BRVM) to the first listing of the Bond Loan in two tranches called TPCI 5.75% 2019-2026 and TPCI 2.23% 2019-2026.


Issued in May 2019 on the regional financial market, this Loan for an indicative amount of 100 billion FCFA, enabled the State of Côte d'Ivoire to mobilize a total amount of 125.8 billion FCFA at the rate of 78.8 billion for the first tranche and 47 billion for the second; i.e. an achievement rate of 125.8%.

The listing ceremony, organized in collaboration with the BRVM and the Management and Intermediation Companies (SGI), confirmed the admission to the stock market of the securities resulting from this Loan under the symbols TPCI.O31 and TPCI. O32.
Through stock market listing, Trésor Public intends, through the BRVM, to give investors who wish to acquire or sell securities the possibility of doing so under the best conditions with a guarantee of liquidity necessary to cover their needs. For the first listing, 300 volumes were exchanged at a price of 10,000 FCFA, representing a net coupon value of three (3) million FCFA.

On the occasion, YOBOUET Antoine, Technical Advisor to the Director General (DG) of the Treasury and Public Accounting thanked all market players for their commitment alongside the Public Treasury. He also indicated that "the resources mobilized will contribute to giving Côte d'Ivoire a proud appearance through the financing of the investments provided for in the budget".

The amount of resources mobilized so far, noted the representative of DG ASSAHORE Konan Jacques, amounts to 1023 billion FCFA, or 77.5% of the annual target of 1320.6 billion FCFA.

In addition, the Public Treasury is committed to modernizing the management of the State debt through active management materialized by operations of repurchases, early repayments and reprofiling of public securities. In 2019, two operations are planned. The first phase was successfully completed on May 3, 2019 for an amount of 157 billion FCFA. The second phase is scheduled for next October 3 for an indicative amount of around CFAF 150 billion and concerns securities issued by auction and maturing in 2020 with an in fine amortization system.