Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Public Management

Côte d’Ivoire issues a whopping €1.7 billion bond on Eurobond market

Friday, 16 March 2018 17:06

(Ecofin Agency) - Yesterday March 15, Cote d’Ivoire made a noticeable return on the international financial market by issuing a record €1.7 billion securities on Eurobond.

This is the biggest Eurobond issuance ever made by an African country, Bloomberg revealed. It is also the second-largest euro-denominated debt obligation issued by an emerging country this year; Romania being the first with its operation on February 1, 2018.

 According to figures relayed by Reuters, this new issuance was very attractive to investors and the order portfolio has already exceeded €4.7 billion.  To supervise the operation, Côte d’Ivoire mandated  Citibank, Deutsche Bank, BNP Paribas and Société Générale.

 Let’s remind that IMF indicated that the public debt of this country which is WAEMU’s economic driver reached 46% of GDP.

Additional Info

  • communiques: Non
  • couleur: N/A
 
Finance


 
Mining


 
Telecom


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.