WAMU-securities: Togo secures CFA33 billion

Public finance
Tuesday, 03 May 2022 15:54
WAMU-securities: Togo secures  CFA33 billion

(Togo First) - Togo retained CFA33 billion from investors in its latest issue on the WAMU securities market, on April 29, 2022.

Overall, Lomé mobilized 40 billion from 14 regional investors, while it was seeking CFA30 billion–thus representing a 133% subscription rate.

For this operation, the treasury issued recovery bonds with a nominal value of CFA10,000, a maturity period of 120 months, and a fixed interest rate of 5.9%.

Including this latest issue, Togo has raised CFA225 billion from the WAMU securities market this year, through seven issues.

Esaïe Edoh

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