Togo to seek XOF20 billion on regional financial market next week, its last issuance for the quarter

Finance
Wednesday, 27 May 2020 16:35
Togo to seek XOF20 billion on regional financial market next week, its last issuance for the quarter

(Togo First) - By June 5, Togo will attempt raising XOF20 billion on the WAEMU stock market. The money will be used by Lomé to finance its 2020 budget. 

The funds should be raised by issuing fungible treasury bonds, at a nominal value of XOF1 million per unit, and a one-year maturity period. The bonds will start taking value on June 8 and reimbursement will commence on June 6, 2021. 

Séna Akoda

togofirst mobile

 
Sondage
Should we encourage young togolese toward agriculture?
  • 57 Votes
    Yes
    55.88%
  • 25 Votes
    No
    24.51%
  • 20 Votes
    Don't have opinion
    19.61%
← Back
Total 102 Votes

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.