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Find all the economic and financial information on our Orishas Direct application to download on Play StoreTogo is once again entering the regional financial market where it (again) aims to raise 25 billion FCFA on September 25.
As with his recent operation, he will use Equitable Treasury Bonds (OATs). But this time, the securities issued have a maturity of five years (60 months) and come with an annual interest rate of 6.4%
.As a reminder, the September 11 issue was made at an annual interest rate of 6.15% and had a coverage rate of 278%. Indeed, Togo has once again breached the ceiling by registering 69.5 billion FCFA in subscriptions. But he had only kept 27.5 billion FCFA to meet the financing needs of his 2020 management budget
.
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