Togo is seeking the sum of 30 billion CFA francs this Friday on the regional financial market. This fundraising will be used to support its economy weakened by the health crisis of covid-19.

Togo is making its return to the regional financial market under the ODR program. The securities, with a face value of FCFA 10,000, will have a maturity of 7 years (84 months) and carry an interest rate of 5.8%. Renewed on April 1, the ODR program was initiated in 2021 by the BCEAO and the regional securities agency. The objective of these instruments is to enable WAEMU member states to finance their massive economic recovery plans following the pandemic. To date, Togo has mobilized more than CFAF 300 billion through the mechanism.