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Financial market: Ivory Coast obtains 65.999 billion FCFA from investors

05/09/2025
Source : ORISHAS FINANCE
Categories: Index/Markets

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Tuesday, September 2nd, Côte d'Ivoire obtained through its Public Treasury, the sum of 65,999 billion FCFA on the UEMOA financial market at the end of its issuance Simultaneous auction of bonds and bonds equivalent to the treasury of 364 days, 3, 5 and 7 years organized in partnership with UMOA-Titres.

line-height: 107%; font-family: "Bookman Old Style”, serif"> Ivory Coast Consider financing its budget. The amount put up for auction was 60%. billion FCFA. The overall submissions from investors amounted to 101.966 billion FCFA. Which corresponds to an amount coverage rate auctioned for 169.94%.

The amount of Submissions accepted are 65,999 billion FCFA and the one rejected at 35,967 billion FCFA. This gives an absorption rate of 64.73%.

Investors including the bids have been accepted, will end up with an average return weighted by 6.74% for vouchers, 6.10% for 3-year bonds ,7.43% for those aged 5 and 7.24% for those aged 7.

The Public Treasury Ivorian has undertaken to reimburse the vouchers issued on the first following business day the due date set at September 1, 2026. Interest will be paid in advance and deducted from the nominal value of these vouchers.

The capital of the bonds will be refunded the first business day following the due date set at 3 September 2028 for those aged 3, to September 3, 2030 for those aged 5 and September 3, 2032 for 7-year-old girls. On the other hand, the payment of interest will be paid annually based on a rate of 5.45% for bonds with a duration of 3 years, 5.70% for those of 5 years and 5.95% for those of 7 years and at the end of the first year.

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