Togo to raise CFA35bn through UMOA-Titres auction

Public finance
Monday, 08 June 2026 11:56
Togo to raise CFA35bn through UMOA-Titres auction

(Togo First) - Togo plans to raise 35 billion CFA francs on Friday, June 12, through a dual issuance of Treasury bills and bonds on the West African Economic and Monetary Union's public securities market.

According to a tender notice seen by Togo First, the operation targets 5 billion CFA francs through 364-day Treasury bills. The remaining 30 billion CFA francs will be raised through Treasury bonds with maturities of three, five and seven years. The securities, which have a face value of 10,000 CFA francs, carry interest rates of 6.15%, 6.35% and 6.50%, respectively.

The proceeds will help finance Togo's 2026 budget, set at 2.751 trillion CFA francs.

The latest issuance will bring Togo closer to its annual fundraising target of 463 billion CFA francs. Since the beginning of the year, the Togolese Treasury has raised 143 billion CFA francs, representing about 31% of its annual goal.

Esaïe Edoh

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.