UEMOA-securities: Togo raised CFA30 billion in latest issue

Public finance
Monday, 30 January 2023 13:36
UEMOA-securities: Togo raised CFA30 billion in latest issue

(Togo First) - Togo obtained CFA30 billion in its second issue on the WAEMU market this year. The country retained the amount out of CFA46 billion mobilized by regional investors. 

In detail, Lomé retained CFA16 billion from the issue of fungible treasury bills with a maturity period of 182 days. The remaining 14 billion breaks into 11 billion and 3 billion raised from fungible treasury bonds, maturing respectively over 5 and 3 years. 

Togo, it should be noted, had a target of 35 billion for the issue. Adding the proceeds of this second operation to the first, the country has raised CFA46 billion so far in 2023. This is out of an annual target of CFA574 billion.

Esaïe Edoh 

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