Togo records again an outstanding performance on regional financial market  

Finance
Monday, 22 April 2019 13:42
Togo records again an outstanding performance on regional financial market  

(Togo First) - Last Friday, Togo raised XOF77 billion through a fungible Treasury bond issuance. This is almost four times the amount initially sought and represents a 385% oversubscription.

The operation is the second of the quarter and the first was as well highly oversubscribed. Investors come from all WAEMU States, with the exception of Guinea-Bissau and Niger.

Togo’s public treasury out of the amount mobilized will retain XOF22 billion, consolidating its performances from the first quarter.

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