WAEMU securities: Togo to raise CFA60 billion in Q4 2020

Finance
Saturday, 03 October 2020 17:52
WAEMU securities: Togo to raise CFA60 billion in Q4 2020

(Togo First) - After recording outstanding performances throughout the past three quarters, Togo plans to raise CFA60 billion on the WAEMU securities market this quarter. 

To this end, the country will issue fungible treasury bonds and bills - for CFA40 billion and CFA20 billion respectively. In detail, two issues of fungible treasury bonds, with respective targets of 25 billion and 15 billion, are scheduled for October 23 and November 13. The last issue for the quarter, fungible Treasury bills, is scheduled for November 27. 

Togo's projected resources for the period under review represent a little more than 7% of the WAEMU's total of CFAF818 billion.

Sèna Akoda

togofirst mobile

 
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