WAMU Securities Market: Togo Eyes CFA20 Billion in Next Issuance, Friday

Finance
Tuesday, 06 May 2025 17:10
WAMU Securities Market: Togo Eyes CFA20 Billion in Next Issuance, Friday

(Togo First) - Togo will try to raise CFA20 billion on the regional market, the West African Monetary Union public securities market (WAMU Securities), next Friday, May 9. This will be Lomé’s first operation on the market this month. 

In detail, the Togolese Treasury will issue fungible treasury bills (BAT) to raise the funds. The notes will have maturities of 182 and 364 days, each with a nominal value of CFA1 million and multiple interest rates.

Proceeds will help finance Togo’s 2025 budget, which totals CFA2,397 billion in revenue and expenditure. 

This quarter, Togo plans to raise CFA75 billion on the WAMU market and CFA332 billion throughout the year. 

So far this year, Lomé has secured CFA165.5 billion on this market.

This article was initially published in French by Esaïe Edoh

Edited in English by Ola Schad Akinocho

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

Please publish modules in offcanvas position.