WAMU Securities: Togo to reimburse CFA200 billion between July and September

Economy
Monday, 12 July 2021 15:01
WAMU Securities: Togo to reimburse CFA200 billion between July and September

(Togo First) - Togo should disburse CFA199 billion between July and September 2021 to service its debt on the WAMU’s Public Securities Market (MTP). 

The figure breaks into CFA163 billion for principal payments and CFA36 billion for interests. 

Lomé, which paid back CFA4 billion on July 5, plans to pay, in all, CFA65 billion before the month ends. In August, it intends to pay CFA109 billion, and CFA25 billion in September. 

Let’s recall that throughout the second quarter of the year, Togo raised CFA183 billion on the regional money market, thus 11% more than it expected - CFA165 billion. 

 Esaïe Edoh

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