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Stimulus Bonds: The State of Togo collects CFAF 32 billion

20/04/2022
Categories: Index/Markets

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The General Directorate of Treasury and Public Accounting of Togo obtained on April 15, 2022 on the financial market of the West African Monetary Union (WAMU) an amount of 32 billion CFA francs (48 million euros) at the end of its issue of recovery bonds (ORD) of the Treasury of 7 years maturity organized in partnership with WAMU-Securities based in Dakar.48 million) at the end of its issue of 7-year Treasury stimulus bonds (ORD) organized in partnership with Dakar-based UMOA-Titres. Launched by the UMOA-Titres agency in collaboration with the Central Bank of West African States (BCEAO), the issuance of ODRs aims to enable the issuer to mobilize savings from individuals and legal entities.

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