Togo recently raised CFA36 billion on the regional financial market

Finance
Monday, 28 January 2019 16:29
Togo recently raised CFA36 billion on the regional financial market

(Togo First) - For its second issuance of securities on the UMOA-Titres regional financial market, Togo raised CFA36 billion, over an initial target of CFA20 billion.

Subscription rate for the operation was 180% and the country kept CFA22 billion.

In detail, investors living in Togo subscribed at a level of CFA18 billion (CFA14 billion retained), attesting that the country regained the trust of the local private sector, just like investors from other countries within the WAEMU.

In descending order, the best subscribers are Senegal (CFA6.5 billion retained), Côte d’Ivoire (CFA4.4 billion offered and 82 million CFA retained), Benin, among others.

The next issuance on the regional market is planned on February 8, 2019.

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.