For an initial objective of 100 billion FCFA, the 4th bond issue of the State
of Mali on the subregional financial market was sold by a successful franc. It is finally 116.42
billion CFA francs that were issued by investors from the eight WAEMU countries with the Banks
Malian women who were heavily involved in this operation. This sum was entirely retained
by the National Directorate of Treasury and Public Accounting (DNTCP) prime contractor of the loan
on behalf of the Malian government, which has had this pact since the beginning of July to finance its major
infrastructure projects.
The Minister Delegate to the Ministry of Economy and Finance, in charge of the Budget, Mrs. Barry
Aoua Sylla presided, yesterday Thursday, September 5, the ceremony of the first listing of the bond issue "
State of Mali 6.50% 2019-2027 ".
She was accompanied by her counterparts in charge of Infrastructure and Equipment, Mrs. Traoré
Seynabou Diop, promotion of private investment, small and medium National Entrepreneurship, Ms. Safia Bolly.
In addition to these government officials, the ceremony mobilized the officials of SGI-Mali, head of
file of the operation, Atlantique finance, co-leader, of the Regional Stock Exchange (BRVM)
as well as the heads of the contributing services, in particular the Banks and financial institutions of the
Mali including the president of the APBEF, Mr. Bréhima Amadou Haïdara, also Director General of the BDM-SA.
This bond issue "State of Mali 6.50% 2019-2027" for an amount of 100 billion FCFA, is the
fourth intervention of the kind of our country since 2016. It was launched at the end of June in accordance with
Government of Mali issuance schedule to mobilize financial resources for
construction of development infrastructure provided for in the 2019 budget.
Subscriptions for this public offering ran from June 25 to July 5.
The operation, open to any natural and legal person, is distinguished by a rate of interest of
6.50% refundable over a period of 8 years (2019-2027) with three years of deferral. The unit price of
the obligation was of the order of 10,000 FCFA.
On arrival, investors from all eight countries of the WAEMU zone, especially institutional investors mobilized to subscribe to this operation. Total subscriptions were just over B<116 billion/> FCFA for an initial objective of 100 billion FCFA. According to the Director General of SGI-Mali, Mr. Amadou
Baba Cissé, all subscriptions were withheld and paid into the Malian Treasury. He added that
this strong mobilization of investors for this operation results from the quality of Mali's signature.
The same goes for the Minister Delegate in charge of the Budget, who thanked all the
investors with the Malian Banks and the INPS at their head. Mrs. Barry Aoua Sylla considered that
this operation will allow the development of the secondary securities market, as it strengthens liquidity and
facilitates the exchange of securities. The Director of the BRVM branch of Mali, Amadou Djéri Bocoum has, for his
Part, noted that thanks to the evolution of new technologies, we can follow the quotation sessions
newspaper at the BRVM wherever you are. He pointed out that since 2016, Mali has mobilized 420 billion
FCFA through bonds.
However, Mr. Bocoum drew attention only at the stock market level, to the 46 companies listed on
the BRVM, there is only one Malian company. This is why he called on political decision-makers and business leaders to work for a strong listing of Malian companies because our country plays
a crucial role in the sub-regional economy.
The ceremony concluded with the presentation of commemorative plaques to the three main companies
organizers (DNTCP, SGI-Mali, Atlantique finance).