UMOA-securities market: Togo will try to raise XOF20 billion next Friday

Finance
Tuesday, 06 August 2019 11:00
UMOA-securities market: Togo will try to raise XOF20 billion next Friday

(Togo First) - Next Friday, Aug 9, Togo will once more seek to raise XOF20 billion by issuing fungible treasury bonds.

The unit nominal value of the bonds is XOF10,000 with a maturity period of 36 months and an interest rate of 6.25% per annum, starting from the first year.

Securities subscribed will generate returns between August 12, 2019, and July 15, 2022. Repayment will commence on the first business day following the date of maturity.

This will be the third time Togo goes to the WAEMU regional market this quarter. First two issuances, both successful, were on July 12 and 16. 

Séna Akoda

togofirst mobile

 
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