UMOA-securities: Togo secures about XOF21 billion on the regional financial market

Finance
Monday, 08 June 2020 16:04
UMOA-securities: Togo secures about XOF21 billion on the regional financial market

(Togo First) - Last Friday, Togo raised XOF 26.31 billion for its latest fungible treasury bonds on the regional financial market. Out of this sum, the country retains XOF21.8 billion. 

According to the UMOA securities agency, “the operation aligns with Togo’s public securities issuance program in line with its medium and long term debt management strategy.” 

The amount mobilized corresponds to a coverage rate of 131.5% since Lomé was initially seeking XOF20 billion. The bonds in question will mature over a year. 

Séna Akoda

togofirst mobile

 
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