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UMOA financial market: 109.961 billion FCFA raised by Côte d'Ivoire

12/06/2025
Categories: Index/Markets

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After a simultaneous auction of 364-day Treasury Bonds (BAT) and 3, 5 and 7-year Treasury Bonds (OATs), the State of Côte d'Ivoire, through its Public Treasury, obtained investors operating on the West African Monetary Union (UMOA) financial market) the sum of 109,961 billion FCFA

.

The amount put up for auction by the issuer was 110 billion FCFA. The total amount of global bids was 121.961 billion FCFA. This gives a coverage rate of 110.87% for the amount put up for auction.

The amount of tenders accepted is 109.961 billion FCFA and that rejected at 12 billion FCFA. This corresponds to an absorption rate of 90.16%

.

Investors whose submissions were selected will end up with a weighted average return of 7.18% for good bonds, 7.60% for 3-year bonds, 7.60% for 3-year bonds, 7.40% for 5-year bonds, 7.40% for 5-year bonds and 7.49% for 7-year bonds.

The repayment of vouchers issued will be made on the first business day following the due date set on June 9, 2026. As for the payment of interest, it will be made in advance and deducted from the nominal value of these vouchers

.

Regarding the repayment of the principal of the bonds, it will take place on the first working day following the due date set at June 4, 2028 for 3-year bonds, June 11, 2028 for 3-year bonds, June 11, 2030, for 5-year bonds, and June 4, 2032 for 7-year bonds. On the other hand, interest will be paid annually based on the rate of 5.70% for 3-year bonds, 5.90% for 5-year bonds and 6% for 7-year bonds, starting at the end of the first

year.
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