Togo to conduct its second fundraising on UMOA securities market for this quarter, on April 19

Public finance
Thursday, 18 April 2019 13:46
Togo to conduct its second fundraising on UMOA securities market for this quarter, on April 19

(Togo First) - This Friday, April 19, Togo intends to raise another XOF20 billion by issuing fungible treasury bonds on the UMOA securities market. This was announced April 17 by the regional debt planning agency.

Nominal value per unit security for the operation is a million CFA with multiple interest rates and a 12-month maturity period (364 days). Securities issued are to come into value next April 20th.  They will be reimbursed on the first working day after maturity date and interests are payable in advance and deducted from the bonds’ nominal value.

Tomorrow’s issuance will be the second this quarter after a successful one last April 5 (oversubscribed at 386%).

Séna Akoda

 
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.