On January 28, 2020, Côte d'Ivoire mobilized a total of CFA60.85 billion (about $102 million) on the WAEMU securities market, through the issue of treasury bills (BATs) and fungible treasury bonds (OATs). The initial amount requested was CFA60 billion (about $100 million).
Issued with a 3-month maturity, the treasury bills was oversubscribed with a total amount of CFA83.7 billion (about $140 million) in bids. Out of this amount, CFA31 billion, or around $52 million were retained at the end of the transaction.
As for OATs issued with a maturity of 36 months, CFA30.75 billion (about $51 million) of bids were collected, out of which CAF29.85 billion (about $50 million) were retained.
According to the provisional schedule of public securities issues published by the WAMU Securities Agency, Côte d'Ivoire intends to raise a total amount of CFA975 billion (about $1.6 billion) on this market to finance its budget during the year 2020.
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mobile phones have become essential tools for work, education, payments and staying connected across...
Ecobank Transnational Incorporated asked shareholders to vote on a $500 million Tier 2 Eurobond...
Africa produces what it doesn’t consume, and consumes what it doesn’t produce. That stark line captu...
Funding part of $250 million raise to boost investor confidence Fintech expands services, pr...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to the progress and fragility of vaccination campaigns...
A staple of West African cuisine, onions are among the sub-region’s most widely grown horticultural products and a key driver of intra-regional trade,...
Niger adopts draft decree to regulate firearm acquisition, possession, and use New framework introduces stricter controls, traceability requirements,...
Chad and Algeria sign agreement to study a 20,000 bpd refinery project Chad continues to import large volumes of refined products despite crude output...
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...
Burkina Faso launches “SORA” university series filming in Ouagadougou 25-episode project explores student life challenges and...